Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: August 4, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 686 of 2024, an appeal filed by Plastichemix Industries against Hemant Plastics & Chemicals Ltd. The nature of the insolvency proceedings and specific allegations are not detailed in this procedural order. The tribunal noted that there was "no time left" for hearing the matter on the current date.
Final Outcome
The NCLAT adjourned the appeal and listed it for the next hearing on September 15, 2026. The bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical), ordered that the existing interim order would continue to remain in effect until the next hearing date.
Topics: NCLAT Proceedings, Corporate Litigation, Insolvency Appeal