Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: September 18, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 1375 of 2026 between AKB Ventures LLP (previously known as AKB Ventures Pvt. Ltd.) as the Appellant and Manindra Kumar Tiwari (Resolution Professional of Paytail Commerce Pvt. Ltd.) along with other Respondents. The appeal relates to insolvency proceedings concerning Paytail Commerce Pvt. Ltd. The matter was listed for hearing on September 18, 2026.
Final Outcome
The NCLAT bench, comprising Justice Yogesh Khanna (Officiating Chairperson), Barun Mitra (Member Technical), and Ajai Das Mehrotra (Member Technical), adjourned the appeal to November 19, 2026. The adjournment was granted specifically because "no time left" for hearing the matter on the scheduled date. The order was passed in hybrid mode, allowing both physical and virtual appearances.
Topics: Insolvency Appeal, NCLAT Proceedings, Case Adjournment