Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi

Order Date: 17 August 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi has issued a procedural order in Company Appeal (AT) (Insolvency) No. 727 of 2024. The appeal involves an insolvency dispute between Shark Mines & Minerals Pvt Ltd (Appellant) and Maithan Ispat Ltd (Respondent). The order was issued in hybrid mode by a three-member bench consisting of Justice Sharad Kumar Sharma (Member - Judicial), Arun Baroka (Member - Technical), and Indevar Pandey (Member - Technical).

Legal representation for the appellant is handled by Mr. Aditya Narayan Tripathi and Dr. Kedar Nath Tripathi, Advocates. The respondent is represented by Mr. Saswat Kumar Acharya and Mr. Dhananjay Bhaskar Ray, Advocates.

Final Outcome

The tribunal has scheduled the hearing of this appeal for 11 September 2026. This is a procedural order that only addresses the scheduling of the matter and does not contain any substantive ruling on the merits of the insolvency case.

Topics: Insolvency Appeal, Corporate Legal Dispute, NCLAT Proceeding