Supreme Court Dismisses Basanti Devi Lohia Appeal

Authority: Supreme Court of India

Order Date: 26-10-2026

Case Overview

• Appellant: Basanti Devi Lohia
• Respondent: West Bengal Agro Textile Corporation Limited
• Originating order: National Company Law Appellate Tribunal (NCLAT), Principal Bench New Delhi, Company Appeal (AT) (Insolvency) No.820/2026 dated 07-05-2026.
• The appeal challenged the NCLAT’s final judgment and order.
• Counsel for the appellant: Mr. Naresh Jain, Ms. Arti Agrawal, Mr. Rishabh Jain, Ms. Neha Anchlia, Mr. Alok Kumar, Ms. Kavya, Mr. Rameshwar Prasad Goyal.
• Counsel for the respondent: Not specifically named in the order.
• Judges hearing the matter: Hon'ble Mr. Justice J.B. Pardiwala and Hon'ble Mr. Justice K. Vinod Chandra.

Court Observations & Order

1. Delay in filing/curing defects was condoned.

2. The Court, after hearing counsel and reviewing the record, was not inclined to interfere with the impugned NCLAT order dated 07.05.2026.

3. Accordingly, the appeal is dismissed.

4. Any pending applications, if any, shall stand disposed of.

Final Outcome

• The Supreme Court dismissed the appeal filed by Basanti Devi Lohia, leaving the NCLAT’s order intact and ordering disposal of any pending applications.

Topics: Insolvency, Court Decision