Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: September 17, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 2142 of 2024 along with I.A. No. 7991 of 2024. The appeal was filed by Pratibha Industries Ltd. through its Liquidator, Avil Menezes, against respondents VDB Projects Pvt. Ltd. & Anr. The appellant was represented by counsel Mr. J. Rajesh and a team of advocates. The respondents' appearance was not marked in the order.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Mr. Naresh Salecha (Member Technical) noted "No time left" and adjourned the matter. The case has been listed next for hearing on November 5, 2026. No substantive hearing or decision on merits occurred during this proceeding.
Topics: Insolvency, Legal Proceedings, Corporate Litigation