Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 21st September, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard three interconnected matters: Company Appeal (AT) (Insolvency) No. 1034 of 2023 with I.A. No. 8094 of 2024, Contempt Case (AT) No. 28 of 2024 in Company Appeal (AT) (Insolvency) No. 1034 of 2023 with I.A. No. 8093 of 2024, and Company Appeal (AT) (Insolvency) No. 43 of 2026. These appeals and contempt case relate to insolvency proceedings concerning Al Nafees Frozen Food Exports Pvt Ltd. The appellant across these matters is Arham Qureshi, who is identified as the suspended director of the corporate debtor. The respondents include Central Bank of India and the resolution professional of the company, Manohar Lal Vij, among others.
Final Outcome
The Tribunal adjourned all matters to 12th October, 2026. The adjournment was granted because the learned arguing counsel for the appellant was not available on the hearing date. The order was passed by a bench consisting of Justice Yogesh Khanna (Officiating Chairperson), Barun Mitra (Member Technical), and Ajai Das Mehrotra (Member Technical).
Topics: Insolvency Proceedings, NCLAT Adjournment