NCLAT hears Asier Metals appeal; order reserved, exchanges to be updated
Polycab India has told the exchanges that the appeal in the matter of Asier Metals Private Limited vs. Polycab India Limited was listed on October 15, 2026 before the Hon'ble NCLAT, Principal Bench, New Delhi.
By ScoutQuest · · 1 min read
- Hearing Date
- listed on October 15, 2026
- Forum
- Hon'ble NCLAT, Principal Bench, New Delhi
- Case Status
- heard the matter and reserved for order
What has been disclosed
- The appeal in the matter of Asier Metals Private Limited vs. Polycab India Limited was listed on October 15, 2026 before the Hon'ble National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi.
- The Hon'ble NCLAT has heard the matter and reserved for order.
- The company will intimate the stock exchanges upon receipt of the order passed by the Hon'ble NCLAT.
- This is a continuation of the company's earlier intimations dated October 07, 2026, October 08, 2026, October 09, 2026 and October 14, 2026.
What "reserved for order" means
When a bench says a matter is reserved for order, it means the arguments are complete and the decision will be written and pronounced at a later date. The hearing itself does not decide the case, so the outcome is not available at this point.
What the NCLAT is
The National Company Law Appellate Tribunal hears appeals against orders of the National Company Law Tribunal (NCLT). It sits above the NCLT in the company law and insolvency chain.
What to watch
The company has stated it will notify the exchanges when the order is received. The pronouncement of that order is the next information point in this matter.
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One-on-one meet with JP Morgan Asset Management fixed for October 23, 2026
19 Oct 2026
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