NCLAT continues interim STAY on CIRP process; next hearing on November 06, 2026
NCLAT could not hear the CIRP matter on October 07, 2026 due to paucity of time.
By ScoutQuest · · 1 min read
- Next Hearing Date
- November 06, 2026
- Appeal Number
- Company Appeal (AT) (Ins) No. 1734 of 2024 along with I.A. No. 2735 of 2025
- Interim Stay on CIRP
- Interim STAY on the CIRP process, granted by order dated September 03, 2024, will continue
The company informed the stock exchanges on October 13, 2026 about an order passed by the National Company Law Appellate Tribunal (NCLAT), New Delhi, in an ongoing appeal relating to its corporate insolvency resolution process (CIRP).
What the update says
- The NCLAT could not hear the matter on October 07, 2026 due to paucity of time.
- The next date of hearing has been fixed for November 06, 2026.
- The NCLAT has directed the continuation of the interim STAY on the CIRP process, granted by its order dated September 03, 2024.
About the appeal
- It is Company Appeal (AT) (Ins) No. 1734 of 2024, with I.A. No. 2735 of 2025.
- The appellant is Naveen Jain, Company Secretary / Shareholder of The Hi-Tech Gears Ltd.
- The respondents are Happy Forgings Ltd. and another; the RP appeared in person for respondent 2.
What CIRP and the interim STAY mean
CIRP is the insolvency resolution process. An interim STAY means the process is held in abeyance for the time being. The stay continuing means the process remains paused, while the appeal itself is still pending before the tribunal.
What the company has asked
The company has requested the exchanges to take this information on record and has enclosed a copy of the NCLAT order uploaded on October 13, 2026. The letter is signed by Vijay Mathur, Executive Director & CFO.
The next date to watch
The matter is now listed on November 06, 2026.
Also from The Hi-Tech Gears
NCLAT continues interim stay on CIRP; next hearing on October 07, 2026
6 Oct 2026
Customs order drops drawback demand of Rs. 73,78,166 and RoDTEP demand of Rs. 43,37,246; disallows Rs. 13,58,140 and Rs. 8,76,568
1 Oct 2026
NCLAT Continues Interim Stay on CIRP; Next Hearing on October 5, 2026
29 Sep 2026
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