Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 03.11.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical), has issued a procedural order in two connected insolvency appeals.
The appeals, Comp. App. (AT) (Ins) No. 1522 of 2026 and Comp. App. (AT) (Ins) No. 1523 of 2026, have been filed by the Appellant, PTC Engineering India Pvt. Ltd. The Respondent in both appeals is Dharmendra Kumar, in his capacity as the Liquidator of Nipman Fasteners Industries Pvt. Ltd., along with another respondent, the State Bank of India (SBI).
The order does not detail the specific grounds of the appeal or the background of the underlying insolvency proceeding of Nipman Fasteners Industries Pvt. Ltd. It is a pure listing order.
Final Outcome
The Tribunal directed that both appeals be listed next for hearing on 25.11.2026. No observations on the merits of the case were made, and no interim orders were passed. The outcome is purely procedural, setting the date for the next hearing.
Topics: Insolvency Appeal, NCLAT, Liquidator