Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 7, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard three interconnected appeals related to Al Nafees Frozen Food Exports Pvt Ltd. The first appeal (Comp. App. (AT) (Ins) No. 1034 of 2023) was filed by Arham Quresh against Central Bank of India & Others, with a connected contempt case (Contempt Case (AT) No. 28 of 2024). The second appeal (Comp. App. (AT) (Ins) No. 43 of 2026) was filed by Metro Waste Handling Pvt. Ltd. against Al Nafees Frozen Food Exports Pvt Ltd. & Others. Arham Qureshi is identified as the suspended director of Al Nafees Frozen Food Exports Pvt Ltd, while Manohar Lal Vij is identified as the Resolution Professional of the company.
Final Outcome
The NCLAT bench comprising Justice N Seshasayee (Member Judicial) and Mr. Barun Mitra (Member Technical) adjourned all matters to August 5, 2026. The tribunal ordered that the existing interim order shall continue until the next hearing date. No further substantive decisions or rulings were made in this order.
Topics: Insolvency Proceedings, Corporate Litigation, NCLAT