Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 21 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two connected insolvency appeals: Comp. App. (AT) (Ins) No. 1725 of 2026 filed by Dickey Special Situation Investment Trust- DSSF Series 2 as appellant against Manish Agarwal & Ors. as respondents, and Comp. App. (AT) (Ins) No. 1706 of 2026 with Manish Agarwal & Ors. as appellants. The proceedings were conducted in hybrid mode. All parties were represented except the liquidator, Mr. Sandeep Chandana. Learned counsel for all represented parties agreed that both appeals may be disposed of finally at the admission stage.
Final Outcome
The Tribunal adjourned the matter to 23 September 2026, listing it as the first case on the board. The bench directed the appellant's counsel to serve the liquidator Mr. Sandeep Chandana with the order either by hand or other permissible means and forward a written copy. The Tribunal specifically ordered that liquidator Mr. Sandeep Chandana must remain present before the bench either personally or through counsel on the next hearing date.
Topics: Insolvency Proceedings, NCLAT Order, Liquidator Compliance