Authority: Supreme Court of India

Order Date: July 17, 2026

Case Overview

  • Parties: Consortium of Shantech International Pvt Ltd and Worldfa Exports Pvt Ltd (Appellants) vs. Amit Chandrashekhar Poddar & Ors. (Respondents).
  • Proceedings: Civil Appeals No. 8764‑8765/2026 filed against the order of the National Company Law Appellate Tribunal (NCLAT).
  • Counsel for Appellants: Mr. Anshuman Sahni (Advocate), Mr. Arvind Gupta (Advocate‑on‑Record), Mr. Ashwini Kumar (Advocate).
  • Counsel for Respondents: Mr. Krishnendu Datta (Senior Advocate), Mr. Shyam Dewani (Advocate), Mr. Ghatole Shakul Rajesh (Advocate‑on‑Record), Mr. Sumit Khanna (Advocate), Ms. Niharika Sharma (Advocate).
  • Interlocutory Application: IA No. 190444/2026 – Ex‑Parte Stay, listed and disposed on the same day of hearing.
  • Court Composition (Coram): Hon’ble Mr. Justice Pamidighantam Sri Narasimha and Hon’ble Mr. Justice Alok Aradhe.
  • Key Observations: The Court examined the submissions of both parties and concluded that the NCLAT had not committed any error in law or fact.

Final Outcome

  • The Supreme Court dismissed both Civil Appeals No. 8764 and 8765 of 2026.
  • The accompanying interlocutory application(s), if any, were disposed of.
  • The NCLAT’s original order remains in force.

Topics: Legal Dispute, Corporate Litigation