Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 23 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi heard a procedural matter in Company Appeal (AT) (Insolvency) No. 1809 of 2026. The appeal involves Catalyst Trusteeship Ltd as the appellant versus Shobhit J. Rajan & Another as respondents. The matter was heard in hybrid mode. Earlier when the appeal was called, a pass over was sought on behalf of the Appellant. However, due to paucity of time, the matter could not be taken up in the revised list.
Legal representation included Ms. Manisha Chaoudhary and Mr. Gurpreet Singh, Advocates for the Appellant. For Respondent No. 1, Mr. Abhinav Vasisht, Senior Advocate appeared with multiple junior advocates including Mr. Aman Kacheria, Ms. Akshita Sachdeva, Jaitly, Ms. Abhilasha Sharma, Ms. Khushi Nandu, Mr. Yash Natasia, Mr. Shivanshu Chaudhary, Mr. Vasleen Virdi, and Mr. Rishabh Dhanuka.
The bench comprised Justice Mohammad Faiz Alam Khan (Member-Judicial) and Arun Baroka (Member-Technical).
Final Outcome
The NCLAT adjourned the hearing and listed the appeal for the next day, 24 September 2026, in the supplementary list. No substantive hearing or decision on the merits of the insolvency appeal occurred during this proceeding.
Topics: NCLAT Proceedings, Insolvency Appeal, Adjournment