Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 31 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) was hearing Comp. App. (AT) (Ins) No. 440 of 2024, an insolvency appeal filed by Spacewood Furnishers Pvt. Ltd. (Appellant) against Prateek Infraprojects India Pvt. Ltd. (Respondent). The order provides no details on the nature of the underlying insolvency dispute, the principal allegations, or the background of the case. The proceedings were conducted in hybrid mode. Ms. Pooja Kashyap represented the respondents, while the appearance for the appellant was not marked.
Final Outcome
The three-member bench, comprising Justice Sharad Kumar Sharma (Member-Judicial), Arun Baroka (Member-Technical), and Indevar Pandey (Member-Technical), did not make any substantive ruling on the appeal. The sole direction was to adjourn the matter and list it for the next hearing on 14 October 2026. No penalties, settlements, or other directions were issued.
Topics: Insolvency Appeal, NCLAT Proceeding