Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 9, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 395 of 2022, an appeal filed by Shaarc Projects Ltd (Appellant) against Essar Power M P Ltd & Another (Respondents). The appeal appears to be related to insolvency matters given the case numbering convention. The hearing was conducted in hybrid mode with legal representatives from both parties present. For the appellant, Mr. Anuj P. Agarwala, Ms. Mukti Heliwal, and Mr. Vipul Singh appeared as advocates. For the first respondent (Essar Power MP Ltd), Mr. Shreyas Edupuganti and Mr. Likhit Aggarwal appeared, while for the second respondent, Mr. Sandeep Singh, Ms. Ruby Singh Ahuja, Mr. Vishal G., and Ms. Varsha imatsingka represented as advocates. The bench comprised Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical).
Final Outcome
The NCLAT bench adjourned the hearing and listed the appeal for next hearing on August 6, 2026. No substantive proceedings, arguments on merits, or decisions on the appeal were recorded in this order, which served purely as a scheduling directive.
Topics: NCLAT Proceedings, Corporate Litigation, Hearing Adjournment