Authority: Supreme Court of India

Order Date: 28-07-2026

Case Overview

  • Appellant: Rajendra Prasad Tak; Respondents: Mahanadi Coalfield Limited and an additional respondent (ANR).
  • Civil Appeal No.12923/2025 filed under IA No.254141/2025 (ex‑parte stay) and IA No.254143/2025 (exemption from filing C/C of the impugned judgment).
  • The matter was listed for hearing on 28 July 2026 before a two‑judge bench comprising Justice J.B. Pardiwala and Justice K. Vinod Chandran.
  • Counsel for the appellant sought a four‑week adjournment, stating that the appointed liquidator had expired and a new liquidator would be appointed by the National Company Law Tribunal (NCLT).

Final Outcome

  • The Court granted the requested adjournment, postponing the hearing for four weeks to allow appointment of a new liquidator by the NCLT. No substantive merits were decided.

Topics: Insolvency, Court Litigation