Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: August 20, 2026
Case Overview
This document is an adjournment order from the National Company Law Appellate Tribunal (NCLAT) in an ongoing insolvency appeal. The appeal, registered as Comp. App. (AT) (Ins) No. 1714 of 2023, has been filed by SPML Infra Ltd. (the Appellant) against Navkar Builders Ltd. (the Respondent). The matter was listed for a hearing on August 20, 2026. The legal representatives for both parties were present, with Mr. Siddharth Jaiswal, Advocate, appearing for the Appellant (SPML Infra Ltd.) and Mr. Vinit Nagar, Advocate, appearing for the Respondent (Navkar Builders Ltd.).
Final Outcome
The two-member bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical), noted that there was "No time left" to hear the matter on the scheduled date. Consequently, the bench passed an order to adjourn the proceedings. The appeal has been rescheduled and will now be listed for its next hearing on October 7, 2026. The order was passed in hybrid mode.
Topics: Insolvency Appeal, NCLAT Proceedings