Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: August 5, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi issued a procedural order in Company Appeal (AT) (Insolvency) No. 647 of 2026. The appeal involves Walchandnagar Industries Ltd. as the Appellant and Green Valliey Industries Ltd. as the Respondent. The order addresses procedural timelines for filing documents ahead of the next hearing. Mr. Sukrit R. Kapoor, Ms. Aayusha Aankul, and Mr. Navnit Kumar, Advocates, represented the Appellant. The order was issued in hybrid mode by a bench consisting of Justice Yogesh Khanna (The Officiating Chairperson) and Ajai Das Mehrotra (Member (Technical)).
Final Outcome
The NCLAT directed that a reply be filed within two weeks from August 5, 2026. Any rejoinder must be filed within two weeks after the reply deadline. The appeal has been listed for its next hearing on September 24, 2026. This is a procedural order that sets the schedule for further submissions but does not address the substantive merits of the insolvency appeal.
Topics: NCLAT, Insolvency Appeal, Procedural Order