Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: August 18, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1289 & 1290 of 2026 along with I.A. No. 4966 and 4967 of 2026. The appeal was filed by Ajit Singh against Durga Das Agrawal Pvt. Ltd. The Respondent No. 1 was represented by the Resolution Professional of MKMG Jewels Developers. The matter was heard in hybrid mode by a bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical).
Final Outcome
The NCLAT granted the respondent's counsel (Mr. Shivam Gautam) one week to file a reply in the matter, with an advance copy to be provided to the appellant's counsel. The appellant was given the opportunity to file a rejoinder within one week after receiving the reply. The case was subsequently listed for admission hearing (after notice) on September 14, 2026, and is to be placed within the first ten cases of the cause list for that date.
Topics: Insolvency Appeal, NCLAT Procedure, Corporate Litigation