Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 17 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 1176-1177 of 2025 between BDO Restructuring Advisory LLP as the appellant and Sharad Sanghi & Others as respondents. The appellant was represented by advocates Ms. Pooja Mahajan, Mr. Aishwarya Adlakha, and Mr. Yash Tandon. The respondents were represented by multiple legal teams: Mr. Malak Bhatt and Ms. Samridhi for Respondent-1; Mr. Arun Kathpalia (Senior Advocate) with Mr. Anuj Tiwari, Mr. Shivendra Nath Mishra, Mr. Sameer Mishra, Ms. Diksha Gupta, Mr. Vaibhav Vats, and Mr. V. Prasad for Respondent-3; and Mr. Dhruv Dewan with Ms. Sanjukta Roy for Respondent-2. The bench consisted of Justice Yogesh Khanna (Officiating Chairperson), Mr. Barun Mitra (Member Technical), and Mr. Ajai Das Mehrotra (Member Technical).
Final Outcome
The bench adjourned the hearing without any substantive proceedings, citing "No time is left today." The appeal was rescheduled for 16 October 2026 at 2:00 PM. The order was issued in hybrid mode and recorded by Ram N./Manu D.
Topics: Insolvency Appeal, Adjournment, NCLAT