Supreme Court stays NCLAT order, sends Adya Oils dispute to mediation

This is a Supreme Court of India order in a civil appeal between ARC Research and Development Centre Limited and the Liquidator of Adya Oils and Chemicals Ltd, which stays the operation of a National Company Law Appellate Tribunal (NCLAT) order and directs the parties to mediation to resolve a dispute regarding property access.

Who it concerns: ARC Research and Development Centre Limited (Appellant), the Liquidator of Adya Oils and Chemicals Ltd (Respondent), the Supreme Court of India, and the Supreme Court Mediation Centre.

What the document says

• The Supreme Court issued notice in the matter.
• The impugned order passed by the NCLAT, Principal Bench, New Delhi, is stayed from its operation.
• The parties are directed to appear before the Supreme Court Mediation Centre on 7-9-2026 at 11:00 a.m.
• The Mediation Centre is requested to assign a Senior Mediator to the case.
• The Senior Mediator is directed to visit the site, survey the entire property of the corporate debtor, and file a report before the Court by the next hearing date.
• The Court noted that the NCLAT order indicates there is an alternative access to the property, which is a disputed question of fact that the Mediator should investigate.
• The matter is to be listed immediately after the Mediation Report is received.

Also in the document

• The Court expressed the belief that the parties should sit, talk, and try to find a viable solution to the problem.
• The Court specifically requested the Mediation Centre to provide a report as expeditiously as possible.