Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 12.08.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 830 of 2024 along with I.A. No. 3003 of 2024. The appellants are Yashwant Lalchand Sangla, a suspended director of Linkson International Ltd., and others. The respondents are Manish Baldeva, the liquidator of Linkson International Ltd., and others. The appeal is against an order or actions related to the liquidation process of the company. Arguments from both sides have been concluded.
Final Outcome
The bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Arun Baroka (Member - Technical), has reserved its judgment. The learned counsel for the parties were granted a period of five days from the order date to file written submissions in support of their oral arguments. These submissions are to cite relevant case laws and paragraphs of judgments and are not to exceed 3-4 pages, using Times New Roman font with a size of 14. The final ruling from the NCLAT is pending.
Topics: Insolvency Appeal, NCLAT, Liquidation Process