Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi

Order Date: 07.10.2026

Case Overview

This is a procedural order from the National Company Law Appellate Tribunal (NCLAT) in an ongoing insolvency appeal. The appeal, registered as Company Appeal (AT) (Insolvency) No. 823 of 2025, has been filed by Indian Sugar Exim Corporation Ltd. (the Appellant) against Shri Gajanan Maharaj Sugar Ltd. (the Respondent). The order was passed in a hybrid mode hearing. The legal representatives for the appellant are Mr. Lokesh Bhola and Ms. Tesu Gupta, Advocates. The respondents are represented by Ms. Geeta Lundwani and Mr. Amey Hadwala, Advocates. The bench consisted of Officiating Chairperson Justice Yogesh Khanna, along with Technical Members Mr. Barun Mitra and Mr. Ajai Das Mehrotra.

Final Outcome

The Tribunal did not rule on the merits of the case. The sole directive of this order was to list the appeal for its next hearing on 17.12.2026. The case remains pending.

Topics: NCLAT, Insolvency, Sugar Industry