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 four interconnected company appeals related to insolvency proceedings:
- Company Appeal (AT) (Insolvency) No. 739 of 2026: Sandeep Jain & Others vs. IPE-Ducturus Resolution Professional Pvt. Ltd. & Another
- Company Appeal (AT) (Insolvency) No. 740 of 2026: Sandeep Jain & Others vs. Ducturus Resolution Professional Pvt. Ltd.
- Company Appeal (AT) (Insolvency) No. 751 of 2026: Sandeep Jain & Others vs. IPE-Ducturus Resolution Professional Pvt. Ltd.
- Company Appeal (AT) (Insolvency) No. 919 of 2026 with I.A. No. 3644 and 3645 of 2026: Capital Ventures Pvt. Ltd. vs. Ducturus Resolution Professional Pvt. Ltd.
All appeals involve challenges against the resolution professional entity (IPE-Ducturus Resolution Professional Pvt. Ltd./Ducturus Resolution Professional Pvt. Ltd.). The appellants are represented by advocates Ms. Sakshi Kapoor (in the first three appeals) and Ms. Pallavi Singh (in the fourth appeal). The respondents are represented by Mr. Abhirup Das Gupta, Mr. Rahul Dadhich, Ms. Vagisha Tiwari, and Ms. Surbhi Sachdeva.
Final Outcome
The three-member bench comprising Officiating Chairperson Justice Yogesh Khanna, Mr. Barun Mitra (Member Technical), and Mr. Ajai Das Mehrotra (Member Technical) adjourned all appeals without any substantive hearing. The bench cited "no time is left today" as the reason for adjournment. The matters have been listed for next hearing on November 26, 2026. No substantive decisions, observations, or directions were issued in this order.
Topics: Insolvency Proceedings, Legal Adjournment