Authority: Supreme Court of India, Civil Appellate Jurisdiction

Order Date: 10 August 2026

Case Overview

  • Appellant: Chandra Prakash Lohia (also known as Nitesh Lohia)
  • Respondent: West Bengal Agro Textile Corporation Limited
  • Appeal No.: 10019/2026 filed against the order of the National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi in Company Appeal (AT) (Insolvency) No.1668/2025.
  • The appellant sought to set aside the NCLAT order; the matter was heard by a two‑judge bench of Justice J.B. Pardiwala and Justice K. Vinod Chandra on 10‑08‑2026.

Court Findings and Order

  • The Court held that there was no good ground to interfere with the impugned NCLAT order.
  • Accordingly, the appeal was dismissed.
  • All pending applications, if any, were ordered disposed of.

Final Outcome

  • The NCLAT order stands affirmed; the appellant’s challenge is rejected, and the case is closed.

Topics: Insolvency, Court Decision