Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 16 October 2026
Case Overview
The order pertains to Company Appeal (AT) Nos. 89 and 90 of 2022. The appellants are Somabhai Damodardas Patel & Others, and the respondent is Lincoln Parenteral Ltd. The matter was listed for hearing but could not be taken up by the tribunal.
Final Outcome
The NCLAT bench, comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Arun Baroka (Member Technical), adjourned the hearing of both appeals due to paucity of time. The matters have been rescheduled for the next hearing on 04 December 2026. This represents a procedural adjournment without substantive ruling on the merits of the case.
Topics: NCLAT Proceedings, Corporate Litigation, Hearing Adjournment