Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 06.08.2026
Case Overview
The appeal has been filed by Vallabh Steels Limited against an order dated 11.06.2026 passed by the Learned Adjudicating Authority (NCLT) in IA No.563(PB) 2022 in CP(IB)/107(PB)/2019. The respondent is Narender Kumar Sharma, who serves as the Liquidator of Vallabh Steel West Pvt. Ltd. The matter involves insolvency proceedings against Vallabh Steel West Pvt. Ltd. (CP(IB)/107(PB)/2019). The appellant sought exemption from filing certified copy of the impugned order and typed copies of dim annexures under Rule 31 of the NCLAT Rules, 2016.
The NCLAT bench, comprising Justice Yogesh Khanna (Officiating Chairperson), Barun Mitra (Member Technical), and Ajai Das Mehrotra (Member Technical), heard the application for exemption and condonation of delay. The tribunal found the reasons for not filing the certified copy satisfactory and granted exemption subject to filing the impugned order within two weeks from the order date (by 20.08.2026).
Final Outcome
The NCLAT issued notice to the respondent liquidator on both the application for condonation of delay and the main appeal. The appellant was directed to file requisites together with process fee within three days (by 09.08.2026) and provide the respondent's email address and mobile number for service of notice. The appeal has been listed for next hearing on 24.09.2026.
Topics: Insolvency Appeal, NCLAT Procedure, Steel Company Liquidation