Authority: Supreme Court of India (Civil Appellate Jurisdiction)

Order Date: 08 July 2026

Case Overview

  • Appellant: Narayani Resources Pvt Ltd; Respondent: Essar Power Gujarat Ltd.
  • Appeal arises from impugned final judgment and order dated 10‑04‑2026 in CAAT(I) No. 158/2026 issued by the National Company Law Appellate Tribunal (NCLAT).
  • The matter was heard before a two‑judge bench of Justice Nongmeikapam Kotiswar Singh and Justice K. Vinod Chandran; counsel for the appellant included Mr. Saurav Agarwal, Ms. Rooh‑e‑hina Dua, Mr. Ajay Sharma and others, while the respondent was represented by Mr. Navin Pahwa, Sr. Adv. Mahesh Agarwal and additional counsel.
  • Pending applications referenced were IA No. 186018/2026 (condonation of delay) and IA No. 186021/2026 (stay application).

Final Outcome

  • The Court condoned the delay in filing.
  • The civil appeal is dismissed in terms of the signed order placed on the file.
  • Any pending applications, if any, are ordered disposed of.

Topics: Insolvency, Company Law