Manoj T Jain NCLAT Impleadment Order

Authority: National Company Law Appellate Tribunal, Chennai (Justice N Seshasayee, Member (Judicial) and Jatindranath Swain, Member (Technical))

Order Date: 21.09.2026

Case Overview

This is an interim application (IA No. 1068/2026) filed within a company appeal (Company Appeal (AT) (CH) (Ins) No. 218/2026) related to an insolvency matter. The appellant is Manoj T Jain, identified as an Ex-Director of Avon Lifesciences Ltd. The respondents are JM Financial Asset Reconstruction Company Ltd (first respondent) and another unnamed party. During the hearing held in hybrid mode, there was no representation for the first respondent (JM Financial ARC).

Final Outcome

The bench issued a directive requiring the appellant to implead the Resolution Professional (RP) in the matter. The case has been adjourned and is now listed for the next hearing on 07th October 2026.

Topics: NCLAT, Corporate Insolvency, Legal Procedure