Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: September 10, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) is hearing an appeal filed by Steel Authority of India Ltd.-IISCO Steel Plant against Sanjeev Maheshwari, the Liquidator of U.B. Engineering Ltd. (In Liquidation). The case is registered as CA (AT) (Ins) No. 1071 of 2026. The tribunal noted that pleadings in this insolvency appeal are now complete. The bench comprised Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical).
Final Outcome
The tribunal has listed the case for next hearing on September 24, 2026, and directed that it be placed in the top ten cases of the cause list. The order represents a procedural step in the ongoing appeal process without substantive determination of the merits at this stage.
Topics: Insolvency Appeal, Steel Sector, NCLAT Proceeding