Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 18.08.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 127 of 2024 along with I.A. No. 416 of 2024. The appeal was filed by Vikas Sacffolding Pvt. Ltd. (Appellant) against Subodh Kumar Agarwal in his capacity as the Liquidator of BIL Infratech Ltd. (Respondent). The appeal arises from proceedings under the Insolvency and Bankruptcy Code, 2016, specifically challenging some aspect of the liquidation process of BIL Infratech Ltd. The matter was presented before a bench comprising Justice Sharad Kumar Sharma (Member - Judicial), Arun Baroka (Member - Technical), and Indevar Pandey (Member - Technical). The appellant was represented by advocates Gursat Singh Vachher and Aryendra Singh, while the respondent liquidator was represented by advocate Ms. Pooja Agrawal and CA Subodh Kumar Agrawal.
Final Outcome
The NCLAT bench issued a procedural order adjourning the hearing of the appeal. The matter has been listed for the next hearing on 01.10.2026. No substantive decisions on the merits of the appeal were made in this order.
Topics: Insolvency Appeal, Liquidation Process