Authority: Supreme Court of India (Civil Appellate Jurisdiction)
Order Date: 14 July 2026
Case Overview
- Civil Appeal No. 8083/2026 filed by Omkara Asset Reconstruction Private Limited (appellant) against Ashutosh Majumdar & Anr (respondents), challenging the order of the National Company Law Appellate Tribunal (NCLAT).
- Hearing held on 14‑07‑2026 before a two‑judge bench comprising Hon'ble Mr. Justice Pamidighantam Sri Narasimha and Hon'ble Mr. Justice Alok Aradhe in New Delhi.
- Counsel for the appellant: Mr. Abhishek Anand, Adv.; Mr. Karan Kohli, Adv.; Ms. Palak Kalra, Adv.; Ms. Srishti Juneja, AOR.
- Counsel for the respondents: Mr. Shoeb Alam, Sr. Adv.; Mr. Abhijeet Sinha, Adv.; Mr. Mahesh Agarwal, Adv.; Mr. Ankur Saigal, Adv.; Mr. Shivam Shukla, Adv.; Mr. Kaustubh Singh, Adv.; Mr. E. C. Agrawala, AOR.
- The Court observed that the NCLAT had not committed any error in law or fact.
Final Outcome
- The civil appeal is dismissed in terms of the signed order.
- Any pending interlocutory application(s), if any, are disposed of.
- The order was signed by Justices Pamidighantam Sri Narasimha and Alok Aradhe and entered by Assistant Registrar (Jayant Kumar Arora, Nidhi Wason).
Topics: Legal Decision, Asset Reconstruction, Insolvency