Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 05.11.2026
Case Overview
This is an appeal filed by Ace Aviation XIV Ltd. & Anr. (Appellant) against Satish Kumar Gupta, the Liquidator of Jet Airways (India) Ltd. (Respondent). The case is registered as Company Appeal (AT) (Insolvency) No. 1140 of 2026, with two interconnected Interlocutory Applications (I.A. No. 5144 and 5145 of 2026). The hearing was conducted in hybrid mode. The counsel for the appellant, Mr. Mridul Yadav and Mr. Anand Singh Sengar, sought an adjournment to file a rejoinder to the reply already submitted by the respondent's counsel, Mr. Raghav Chadha and his team.
Final Outcome
The NCLAT bench, comprising Officiating Chairperson Justice Yogesh Khanna and Members Barun Mitra and Ajai Das Mehrotra, allowed the appellant's request. The tribunal granted Ace Aviation XIV Ltd. four weeks to file its rejoinder. The appeal has been listed for its next hearing on 12th January, 2027.
Topics: Insolvency Appeal, Aviation Sector, Adjournment