Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: September 14, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two connected appeals: Comp. App. (AT) (Ins) No. 1725 of 2026 filed by Dickey Special Situation Investment Trust – 2 DSSF Series against Manish Agarwal & Ors., and Comp. App. (AT) (Ins) No. 1706 of 2026 filed by Prudent ARC Limited against the same respondents. The appeals were heard together in hybrid mode. The tribunal noted the appearances of legal counsel for all parties, including Mr. Malak Bhatt and Mr. Anshul Rao representing the appellant in the first appeal, and Mr. Arun Kathpalia (Senior Advocate) with other advocates representing Prudent ARC Limited in the second appeal.
Final Outcome
The NCLAT adjourned both appeals and listed them for the next hearing on September 21, 2026, under the same caption. The appeals were directed to be placed high on the board for the next hearing date. This is a procedural order for adjournment without any substantive decision on the merits of the cases.
This content may not be financially relevant as it constitutes a procedural adjournment order without substantive financial or legal determinations.