Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 27.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard two interconnected appeals between Saivi Finance Pvt. Ltd. and AKJ Metals Pvt. Ltd. The first appeal, Comp. App. (AT) (Ins) No. 306 of 2025, was filed by Saivi Finance Pvt. Ltd. as the appellant against AKJ Metals Pvt. Ltd. & Anr. as respondents. The second appeal, Comp. App. (AT) (Ins) No. 484 of 2025, was filed by AKJ Metals Pvt. Ltd. as the appellant against Saivi Finance Pvt. Ltd. as the respondent. An Interlocutory Application, I.A. No. 1838 of 2025, was also tagged with these appeals. Representatives for both parties were present, with Ms. Swastika Kumari advocating for AKJ Metals/R-1 in the first appeal and for the appellant in the second appeal, and Ms. Nishi Chaudhary and Mr. Mayuresh Rishabh advocating for the applicant in the first appeal.
Final Outcome
The Tribunal, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical), noted that there was no time left to hear the matters on the scheduled date. Consequently, the bench adjourned both appeals and directed that they be listed next for hearing on 25.08.2026. The order was passed in hybrid mode.
Topics: Legal Proceeding, Adjournment