Summary
- The Supreme Court has issued a stern warning to the NCLAT, stating that its requests to courts and tribunals must be treated as binding directions.
- This follows the NCLAT's failure to hear a matter by the specified date, despite earlier orders from the Supreme Court regarding a Section 7 IBC application.
- The Court emphasized that non-compliance with its requests will be viewed seriously, reinforcing the constitutional obligation of judicial authorities to act in aid of the Supreme Court.
- The NCLAT is now required to explain its inaction by November 19, 2026, while no Committee of Creditors can be constituted in the interim.
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