Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: June 15, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard Comp. App. (AT) (Ins) No. 1072 of 2026 along with four interlocutory applications (I.A. No. 4209, 4210, 4211, 4212 of 2026). The appeal was filed by Vaibhav Mercantile Ltd (Appellant) against S. Kaliyammal (Respondent). The matter appears to relate to corporate insolvency proceedings, with Mr. Gokul Athithya, Advocate representing the Resolution Professional. The appellant was present but their appearance was not formally marked on record.
Final Outcome
The NCLAT bench comprising Justice Sharad Kumar Sharma (Member Judicial) and Arun Baroka (Member Technical) rejected the appellant's stay request. The appeal has been listed for next hearing on June 24, 2026.
Topics: Insolvency Appeal, Stay Rejection, NCLAT Proceedings