Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 13th July, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) has listed an appeal filed by Hriday Shankar Mishra and Bansh Bahadur Singh, who are acting as Authorized Representatives of Employees of Saraya Industries Limited. The appeal is against Saraya Industries Ltd., represented through its Interim Resolution Professional Shravan Kumar Vishnoi. The case involves insolvency proceedings against Saraya Industries Ltd., with the employees' representatives appealing certain aspects of the corporate insolvency resolution process.
Final Outcome
The NCLAT bench comprising Justice Yogesh Khanna (The Officiating Chairperson) and Barun Mitra (Member Technical) has scheduled the appeal for hearing on 12th August, 2026. The order also references two interim applications (I.A. No. 1066 and 1160 of 2026) that are part of this appeal. No substantive decision was made in this order, which serves only to schedule the matter for future hearing.
Topics: Insolvency Proceedings, Employee Rights, NCLAT Appeal