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    <title>2026 (5) TMI 650 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, PRINCIPAL BENCH, NEW DELHI</title>
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    <description>Where Members of the Tribunal differed, the matter was to be decided in accordance with the majority opinion under the statutory scheme. The impugned third-member opinion only directed that the record be placed before the Adjudicating Authority for an appropriate order in the company petition, and no merits were to be pronounced at that stage. Subsequent events having a material bearing on the pending insolvency proceedings could be placed before the Adjudicating Authority for consideration in the Section 7 matter, leaving the controversy to be determined by that forum in accordance with law.</description>
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      <description>Where Members of the Tribunal differed, the matter was to be decided in accordance with the majority opinion under the statutory scheme. The impugned third-member opinion only directed that the record be placed before the Adjudicating Authority for an appropriate order in the company petition, and no merits were to be pronounced at that stage. Subsequent events having a material bearing on the pending insolvency proceedings could be placed before the Adjudicating Authority for consideration in the Section 7 matter, leaving the controversy to be determined by that forum in accordance with law.</description>
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