Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 13 July 2026
Case Overview
This is an appeal (Comp. App. (AT) (Ins) No. 1199 of 2026) filed by Jiostar India Pvt. Ltd. (Appellant) against an order from the National Company Law Tribunal (NCLT) concerning Absolute Legends Sports Pvt. Ltd. (Respondent). The Appellant, represented by Senior Advocate Mr. Kunal Tandon and others, argued that the Learned Tribunal (NCLT) failed to properly consider a crucial agreement in its impugned order. The Appellant's counsel specifically highlighted that the agreement was duly signed by Mr. Ankush Mahajan on behalf of Jiostar, a fact they believe was not perceived in the right perspective by the NCLT, forming the basis of their appeal. The Respondent was not represented during this hearing.
Final Outcome
The NCLAT bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Mr. Naresh Salecha (Member-Technical), admitted the appeal for hearing. The tribunal issued formal notice to the sole Respondent, Absolute Legends Sports Pvt. Ltd. The Appellant was directed to complete all necessary steps for serving this notice within five days, utilizing all means including speed post, e-mail, and by hand. Furthermore, the Appellant was ordered to file an affidavit confirming the service of notice on or before the next date of hearing. The matter was listed for the next hearing on 31 July 2026.
Topics: NCLAT Appeal, Corporate Legal Dispute