Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 20 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) was hearing Comp. App. (AT) (Ins) No. 572 of 2025 along with three Interlocutory Applications (I.A. No. 2186, 2187, and 6034 of 2025). The appellant is Vikash Gautamchand Jain in his capacity as the Liquidator of Ardor Global Pvt. Ltd. The respondents are multiple parties, led by Fenil Bharatbhai Shah & Others. The matter pertains to an insolvency proceeding.
Final Outcome
The bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical), noted that there was no time left to hear the appeal on the scheduled date. Consequently, the appeal was adjourned and listed for the next hearing on 07 October 2026. No substantive order was passed on the merits of the case.
Topics: Insolvency, NCLAT, Adjournment