Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 27 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1253 of 2023, an appeal filed by Steel Authority of India Ltd (SAIL) against Kamlesh Kr. Singhania, the Liquidator for Technofab Manufacturing Ltd. The appeal represents ongoing litigation between SAIL and the liquidator handling the insolvency proceedings of Technofab Manufacturing Ltd. The matter was presented before a bench consisting of Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical).
Final Outcome
The tribunal adjourned the hearing due to time constraints without conducting any substantive proceedings. The appeal has been relisted for the next hearing on 2 September 2026. No substantive orders were passed, and the matter remains pending.
Topics: NCLAT Proceedings, Corporate Insolvency, Legal Adjournment