Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 03 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical), issued a procedural order listing three interconnected company appeals for hearing. The appeals are related to the insolvency proceedings of Howrah Mills Company Ltd.
The appeals are:
1. Company Appeal (AT) (Insolvency) No. 1220 of 2026: Siddhartha Bandyopadhyay (Appellant) versus J.M Financial Asset Reconstruction Company Ltd. & Ors. (Respondents)
2. Company Appeal (AT) (Insolvency) No. 1241 of 2026: Bengal Jute Mill Shramik Sangha (a workers' union) (Appellant) versus Howrah Mills Company Ltd. & Ors. (Respondents)
3. Company Appeal (AT) (Insolvency) No. 1377 of 2026 & I.A. No.5346 of 2026: Abinandan Holdings Private Ltd. (Appellant) versus J.M Financial Asset Reconstruction Company Ltd. & Anr. (Respondents)
Representation was noted for various parties through their advocates, including Mr. Abhijeet Sinha (Senior Advocate) representing J.M Financial Asset Reconstruction Company Ltd. in multiple appeals.
Final Outcome
The bench directed that all three appeals be listed together for hearing on 14 September 2026 under the same caption. This is a procedural order that does not decide the merits of the cases but simply schedules them for a future hearing date.
Topics: Insolvency Appeals, Corporate Litigation, NCLAT Procedure