Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 26th October 2026
Case Overview
This is an order from the National Company Law Appellate Tribunal (NCLAT) in Company Appeal (AT) (Insolvency) No. 1429 of 2024. The appellant is Mr. Jayram Shetty, identified as the suspended director of Coastal Organics Pvt. Ltd. The respondent in the appeal is Vipul Life Science Ltd. The matter was listed for a hearing on 26th October 2026. The appellant was represented by advocates Mr. Jitendra Chaudhary and Ms. Shilpa Chouhan. There was no representation for the respondent, Vipul Life Science Ltd., during this proceeding.
Final Outcome
The bench, comprising Justice Sharad Kumar Sharma (Member - Judicial), Arun Baroka (Member - Technical), and Indevar Pandey (Member - Technical), did not hear the appeal on its merits. The order states that due to a "paucity of time," the matter could not be taken up for hearing on that date. The tribunal has adjourned the proceedings and listed the appeal next for hearing on 21st December 2026. No other directions were issued.
Topics: Insolvency Appeal, NCLAT Proceeding