Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 01.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench has listed Company Appeal (AT) (Insolvency) No. 553 of 2025 for next hearing on 08.07.2026. The appeal has been filed by Anuj Rana, who is identified as the Majority Shareholder & Director of Neelkantham Systems Pvt. Ltd., against Virendera Prakash Gupta, Proprietor of Virendera Textiles, and another respondent. Several interim applications (I.A. No. 2107, 2108 of 2025 & 3738 of 2026) are also pending with this appeal.
The order was passed in hybrid mode by a three-member bench comprising Justice N. Seshasayee (Member-Judicial), Arun Baroka (Member-Technical), and Indevar Pandey (Member-Technical). Multiple advocates represented the parties: Mr. Raj Kamal Singh and Mr. Praveen Chaturvedi for the appellant; Mr. Alok Kumar Kuchhal for respondent-1; and a team including Mr. Chitranshul Sinha, Ms. Rakshita Bhargava, Mr. Shivam Sharewala, Mr. Saswat Kumar Acharya, Mr. Ashutosh Khenani, and Senior Advocate Mr. Krishnendu Datta with Mr. Mohit D. Ram and Mr. Siddharth Ravi K. for the Resolution Professional.
Final Outcome
The tribunal has scheduled the matter for next hearing on 08.07.2026 without making any substantive determinations on the merits of the case at this stage.
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