Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 01.09.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1577 of 2026 between Rayways Infra Projects Pvt. Ltd. (acting through its Suspended Director Ms. Rajni Gulati) as the Appellant and Superwave Communication and Infrasolution Pvt. Ltd. as the Respondent. The appeal relates to insolvency proceedings. Mr. Vikas Lakra represented the Appellant, while Mr. Sahil Kakkar and Mr. Yashraj Singh represented the Respondent.
The tribunal considered a request made by the Learned Counsel for the Appellant for an adjournment. No substantive arguments on the merits of the case were heard during this hearing.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) allowed the adjournment request. The appeal was rescheduled to be listed next on 09.09.2026 under the same caption. As an interim direction, the Appellant was instructed to provide a copy of the appeal along with all its enclosures to Ms. Anushee Kiran, the Learned Counsel appearing for the Official Creditor (OC). The order was passed in hybrid mode.
Topics: Insolvency Appeal, Legal Proceedings, NCLAT