Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 29th October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi was scheduled to hear Company Appeal (AT) No. 387 of 2026. The appeal involves Laxyo Ltd (formerly known as Laxyo Energy Ltd) and others as appellants versus Chinar Shipping & Infrastructure (India) Pvt. Ltd. and others as respondents. Legal representation was present for both parties: Mr. Sirhaan Seth and Mr. Sidhant Saraswat represented the appellants, while Mr. Gaurav Mitra (Senior Advocate) along with Mr. Anuj Tiwari, Mr. Girijapati Kaushal, Mr. Vaibhav Vats, Mr. Sameer Mishra, Mr. Shivendra Nath Mishra, and Mr. Ved Prasad represented the respondents. The bench comprised Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical).
Final Outcome
The hearing could not be conducted due to paucity of time. The NCLAT rescheduled the matter for hearing on 30th October 2026. No substantive proceedings or decisions on the merits of the case occurred during this hearing.
Topics: NCLAT Proceedings, Corporate Litigation, Hearing Postponement