Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 31 July 2026
Case Overview
This is an appeal filed by TWC Aviation Capital Ltd. against Mr. Satish Kumar Gupta, the Liquidator of Jet Airways (India) Ltd., and other respondents. The appeal is registered as Comp. App. (AT) (Ins) No. 1438 of 2024. Multiple Interlocutory Applications (I.A. No. 5222, 5223, 5224, and 5225 of 2024) are also linked to this appeal. The nature of the dispute or the specific orders being challenged by TWC Aviation are not detailed in this particular order document. The legal representatives for the appellant included Mr. Ankur Mahindro and a team of advocates. The respondents were represented by Mr. Ravi Raghunath and team for Respondent-1 (the Liquidator), and Mr. Sanjay Gupta and team for Respondent-2.
Final Outcome
The NCLAT bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Mr. Naresh Salecha (Member-Technical), adjourned the hearing. The order simply states "No time left" and lists the appeal for the next hearing on 25 August 2026. The pending interlocutory applications will likely be taken up on the next date. The substantive issues of the appeal remain undecided.
Topics: Insolvency Appeal, Aviation Sector, NCLAT