Case of Balkishan Shrikisan Baldawa vs Agri-Tech (India) Limited, NCLAT Delhi Judgement Dated 15th December 2025. The appellate tribunal held that shareholders have locus standi to file appeal under section 61 of the Insolvency and Bankruptcy Code and hence the appeal is maintainable. Section 61 of IBC governs appeals against orders from the Adjudicating Authority (NCLT) to the NCLAT.
