Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 14.08.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi heard Comp. App. (AT) (Ins) No. 835 of 2025, an insolvency appeal between Girnar Fibres Ltd. (Appellant) and Proma Industries Ltd. (Respondent). The appeal was presented before a bench consisting of Justice Mohammad Faiz Alam Khan (Member - Judicial) and Mr. Naresh Salecha (Member - Technical). The respondent, Proma Industries Ltd., was represented by advocates Ms. Aditi Sharma and Mr. Abhishek Anand. The appearance for the appellant, Girnar Fibres Ltd., was not marked in the order.
Final Outcome
The tribunal noted that there was "no time left" for hearing the matter on 14.08.2026. Consequently, the appeal was adjourned and listed for the next hearing on 15.09.2026. The order was issued in hybrid mode, allowing for both physical and virtual participation.
Topics: NCLAT Proceedings, Insolvency Appeal, Case Adjournment