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

Order Date: 16 October 2026

Case Overview

This is an order from the National Company Law Appellate Tribunal (NCLAT) concerning an insolvency-related appeal. The appellants are a consortium consisting of SKM Steels Ltd. and an individual, Mr. Shankar Sevia Pawar. The respondents are Vijay Kumar Adnala & Others. The appeal is registered as Comp. App. (AT) (Ins) No. 1735 of 2024. Several interlocutory applications (I.A. No. 6340, 6341, 6342 of 2024) are also associated with this appeal. Advocates represented the parties: Mr. Namit Suri and Mr. Ravi for the appellants; Ms. Geeta Lundwani and Mr. Amey Hadwale for Respondent-3; Mr. Yasir D Pathan for Respondent-2; and Mr. Harshit Khare for the State Bank of India (SBI).

Final Outcome

The bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Mr. Arun Baroka (Member-Technical), adjourned the hearing. The order states "No time left" as the reason for the adjournment. The appeal is now listed for the next hearing on 27 November 2026.

Topics: NCLAT, Insolvency Appeal, Adjournment