Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: August 10, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) has listed an appeal filed by Mayurkumar Vishnubhai Patel, suspended director of Global Medicines Limited, against Hiten Abhani, the Resolution Professional of Global Medicines Ltd, and another respondent. The appeal, registered as Comp. App. (AT) (Ins) No. 167 of 2026 along with I.A. No. 3196 of 2026, pertains to insolvency proceedings involving Global Medicines Limited.
Final Outcome
The three-member bench comprising Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical) has scheduled the matter for hearing on August 11, 2026, in the supplementary cause list. The order was passed in hybrid mode, indicating both physical and virtual hearing options.
Topics: Insolvency Appeal, Corporate Litigation, NCLAT Proceedings