NCLAT Lists Shalibadhra Exports Appeal for July 3

Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi

Order Date: 29 June 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 549 of 2021 between Shalibadhra Exports Pvt. Ltd. (Appellant) and Nandkishor Vishnupant Deshpande, Resolution Professional for Royal Refinery Pvt. Ltd. & Others (Respondents). The appeal appears to relate to insolvency proceedings concerning Royal Refinery Pvt. Ltd., with Mr. Nandkishor Vishnupant Deshpande serving as the Resolution Professional. The matter was heard in hybrid mode with legal representation from both sides: Mr. Harsh Singhal and Mr. Utkarsh Singhal for the Appellant, and Mr. Kaustav Som and Mr. Garnish Jain for the Respondents.

Final Outcome

The bench comprising Justice Yogesh Khanna (Member - Judicial) and Naresh Salecha (Member - Technical) issued a procedural order listing the appeal for the next hearing on 3 July 2026. No substantive decision on the merits of the case was rendered in this order.

Topics: Insolvency Appeal, NCLAT Proceeding, Corporate Litigation