Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 15.09.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard arguments in Company Appeal (AT) (Insolvency) No. 1698 of 2026. The appeal was filed by Vijaybhai Dhanjibhai Detroja (Appellant) against Vidres India Ceramics Pvt. Ltd. (Respondent). The Interim Resolution Professional (IRP), Shri Chetan Patel, was also involved as Respondent-2. The hearing was conducted in hybrid mode, with counsel for both parties presenting their arguments. Mr. Keith Varghese represented the Appellant, while Mr. Pranav Thakkar represented the Respondent. The IRP, Mr. Chetan Patel, was present through video conference.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) concluded the hearing and reserved its judgment. The final ruling in this insolvency-related appeal is pending and will be delivered at a later date.
Topics: NCLAT Proceeding, Insolvency Appeal, Corporate Legal Dispute