Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: September 9, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench has issued a procedural order in an insolvency appeal matter. The appeal, numbered Comp. App. (AT) (Ins) No. 13 of 2026, involves Vignaharta Corrugators Pvt. Ltd. & Others as the appellants against a consortium of secured creditors represented through Bank of India & Others as respondents. The order represents an intermediate step in ongoing insolvency proceedings between the corporate debtor and its financial creditors.
The legal representation includes Mr. Prateek Gupta and Pulkit Agarwal representing the appellants, and Mr. Akash Srivastava representing the respondents. The matter was heard in hybrid mode by a three-member bench consisting of Justice Yogesh Khanna (The Officiating Chairperson), Barun Mitra (Member - Technical), and Ajai Das Mehrotra (Member - Technical).
Final Outcome
The NCLAT bench scheduled the next hearing of this appeal for October 28, 2026. No substantive decisions on the merits of the case were made in this order, which serves purely as a scheduling directive for the continuation of proceedings.
Topics: Insolvency Appeal, Corporate Debtor, Secured Creditors