Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 24 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1558 of 2026 along with I.A. No. 5978 of 2026. The appeal was filed by SRK Papers Pvt. Ltd. (Appellant) against Karn Laminators Pvt. Ltd. (Respondent). The appellant was represented by multiple advocates led by Ms. Srishti Agrawaal, while no representation was noted for the respondent. The bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Mr. Naresh Salecha (Member-Technical), heard the matter in hybrid mode.
After hearing the appellant's counsel and perusing the record, the tribunal determined that the matter requires consideration. The bench issued a formal notice to the respondent, Karn Laminators Pvt. Ltd., and directed that all requisite steps for serving the notice be completed within three working days from the order date.
Final Outcome
The NCLAT admitted the appeal for consideration and scheduled the next hearing for September 21, 2026, under the caption 'For Admission (After Notice)'. This indicates the tribunal will proceed with the admission process after ensuring proper notice has been served to the respondent.
Topics: NCLAT Proceedings, Corporate Insolvency Appeal