Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: September 3, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1568 of 2026, an appeal filed by Santu Karar (Appellant) against Stemztech Industries Private Limited and Another (Respondents). The appeal appears to relate to insolvency proceedings given the case numbering convention (Ins). The hearing was conducted in hybrid mode with legal representation from both sides. Mr. K. Datta, Senior Advocate, along with four other advocates represented the appellant. The first respondent (Stemztech Industries) was represented by Mr. Kumarjit Banerjee and four other advocates, while the Interim Resolution Professional (IRP) was represented by Mr. Raj Singhania.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) adjourned the hearing to September 16, 2026, citing "no time left" for the current session. The interim order that was previously in place was directed to continue until the next hearing date.
Topics: NCLAT Proceedings, Insolvency Appeal, Adjournment