NCLAT Reserves Judgment in Superfine Metals Insolvency Appeal

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

Order Date: 24.08.2026

Case Overview

This order pertains to Comp. App. (AT) (Ins) No. 1286 of 2026, an appeal filed by Siddharth Satish Katariya, the ex-director of Superfine Metals Pvt Ltd., against Central Bank of India and another respondent. The proceedings involve insolvency matters. The hearing was conducted in hybrid mode, with arguments concluded on 24.08.2026. Legal representation included Senior Advocate Mr. K. Datta for the appellant and Senior Advocate Mr. Kunal Tandon for respondent No. 1 (Central Bank of India), with other advocates representing both parties.

Final Outcome

The NCLAT bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical), has reserved its judgment. Following a direction from the Hon'ble Supreme Court, the parties were given a final opportunity to file written submissions in support of their oral arguments. These submissions, limited to 3-4 pages and citing relevant case laws, must be filed by 25.08.2026 by 4:00 PM.

Topics: Insolvency Appeal, NCLAT Procedure, Corporate Litigation