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2026 Supreme(Online)(NCLT) 585

NATIONAL COMPANY LAW TRIBUNAL
Brajendra Mani Tripathi, J, Man Mohan Gupta, T
Nand Kishore Maheshwari – Appellant
Versus
Shikhar Chand Jain – Respondent


Advocates:
For the Appellant: Mr. Dheeraj Singh Panwar, Adv., Mr. Mayank Sharma, Adv.
For the Respondent: Ms. Aakansha Nehra, Adv., Mr. Shubham Jaiswal, Adv.

Table of Content
1. application filed for worker claims under rule 11. (Para 1 , 2 , 3)
2. applicant's claims and procedural history. (Para 4)
3. respondent denies maintainability and argues timely submission. (Para 5 , 6)
4. court's observations on claim determination. (Para 7 , 8 , 9)
5. final verdict on claims post-liquidation. (Para 10 , 11 , 12 , 13 , 14 , 15 , 16)
6. conclusion of dismissal of the application. (Para 17 , 18)

ORDER

Deliver on: 30.01.2026

1. The Present interlocutory application has been filed by the applicant under Rule 11 of National Company Law Tribunal rules 2016 seeking appropriate directions in respect of the workers’ claim.

Brief Facts of the case:

2. The brief facts are that the Corporate debtor was admitted into the corporate Insolvency Resolution Process(CIRP) by this tribunal vide order dated 02.04.2019 and Subsequently, Liquidation was ordered vide 27.02.2020, and the Respondent was appointed as Liquidator.

3. Pursuant to the admission of the Corporate Debtor into CIRP, a public announcement inviting claims was issued on 06.04.2019, by IRP thereafter upon passing of the Liquidation order dated 27.02.2020, a public Announcement in Liquidation inviting claims w

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