Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 28 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) is hearing Comp. App. (AT) (Ins) No. 1712 of 2026, an appeal filed by Kundan Minerals & Metals Ltd. against respondents Sandeep Khaitan & Others. The appeal arises from proceedings before the Learned Adjudicating Authority. The parties have reached a consensus to dispose of the appeal finally at the admission stage without giving the respondents an opportunity to file a formal reply. The tribunal agreed to proceed with final hearing based on this consensus but stipulated that parties would be allowed to file written submissions after oral arguments.
During the hearing on September 28, 2026, Shri Krishnendu Datta, Learned Senior Counsel for the appellant, began oral submissions but could not conclude due to time constraints. The tribunal provided an opportunity for both parties to bring additional documentary evidence that was previously available before the Learned Adjudicating Authority by way of affidavits.
Final Outcome
The appeal has been listed for further hearing on October 1, 2026, under the same heading. No final decision on the merits of the case has been rendered in this order, which serves primarily to schedule the continuation of the final hearing and establish procedures for evidence submission and written arguments.
Topics: NCLAT Proceeding, Corporate Legal Dispute, Appellate Hearing