Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 7th October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Ins) No.1913 of 2026, filed by Authum Investment & Infrastructure Limited. The appeal is against Mohit Bipinchandra Adatiya, the Liquidator of Ashapura Garments Ltd., and another respondent. The appeal was accompanied by an Interlocutory Application (I.A. No.7262 of 2026) in which the appellant sought condonation of delay in filing the appeal. Despite no appearance from either the appellant or respondents, the bench proceeded to address the procedural requirement for the delay condonation application.
Final Outcome
The NCLAT issued notice to the respondents specifically on the delay condonation application (I.A. No.7262 of 2026). The appellant was granted 10 days to serve the respondents through speed post, WhatsApp, and email. The matter has been listed for further orders on 5th November 2026, after the service of notice is completed. The substantive appeal will not be considered until the issue of delay is resolved.
Topics: Insolvency Appeal, Procedural Delay, NCLAT