Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 22nd July, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 472 of 2026 between Sagar Business Private Limited (Appellant) and Gagan Bihari Bhuyan, in his capacity as the Liquidator of Srabani Constructions Pvt. Ltd. (Respondent). The appeal was heard in hybrid mode with legal representation from both sides. Mr. Joy Saha, Senior Advocate, along with several other advocates, represented the Appellant. Mr. Sanjeev Panda and Mr. Sumit Shukla represented the Respondent Liquidator. The bench comprised Justice Yogesh Khanna (Officiating Chairperson) and Members Barun Mitra and Ajai Das Mehrotra.
Final Outcome
The Tribunal adjourned the hearing and listed the appeal for the next hearing on 14th September, 2026. No substantive arguments were heard or decisions made on this date, making this a procedural adjournment.
Topics: Insolvency Appeal, NCLAT Proceeding, Hearing Adjournment