Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 22.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi has issued a procedural order listing two interconnected appeals for next hearing. The appeals involve Pashupati Corporation (as successful bidder of Gouri Iron & Steel Private Limited) and Gouri Iron & Steel Private Limited itself as appellants, versus Rakesh Dugar and another respondent. The matters are registered as Comp. App. (AT) (Ins) No. 1038 of 2026 with I.A. No. 4094, 4095 of 2026 and Comp. App. (AT) (Ins) No. 1039 of 2026 with I.A. No. 4096, 4097 of 2026. The appeals appear to relate to the corporate insolvency resolution process of Gouri Iron & Steel Private Limited, with Pashupati Corporation being the successful resolution applicant. The order does not disclose the specific grounds of appeal or the nature of the dispute between the parties.
Final Outcome
The Tribunal has listed both appeals for next hearing on 04.08.2026. The bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Mr. Naresh Salecha (Member Technical) has directed that any interim orders currently in place shall continue until the next hearing date.
Topics: NCLAT Proceedings, Corporate Insolvency, Steel Sector