Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 10.08.2026
Case Overview
This is an order from the National Company Law Appellate Tribunal (NCLAT) in an insolvency appeal. The appellant is Mayurkumar Vishnubhai Patel, identified as a suspended director of Global Medicines Limited. The respondents are Hiten Abhani, the Resolution Professional for Global Medicines Ltd., and another unnamed respondent. The appeal is registered as Comp. App. (AT) (Ins) No. 167 of 2026, with an interconnected Interlocutory Application numbered I.A. No. 3196 of 2026. The order is procedural and does not detail the substantive allegations or background of the underlying insolvency dispute.
Final Outcome
The three-member bench, comprising Justice Sharad Kumar Sharma (Member-Judicial), Arun Baroka (Member-Technical), and Indevar Pandey (Member-Technical), issued a procedural directive. The appeal was adjourned and listed for hearing on the next day, 11.08.2026, in the supplementary cause list. No substantive hearing or decision on the merits of the case occurred on this date.
Topics: Insolvency Appeal, Corporate Litigation, NCLAT