Case Details

Case Name: Mehul Sedani Successful Resolution Applicant Grey's Exim Pvt. Ltd. vs Prashant Jain Resolution Professional Grey's Exim Pvt. Ltd. & Ors.

Connected Case: Mehul Sedani Successful Resolution Applicant Grey's Exim Pvt. Ltd. vs Prashant Jain Erstwhile Resolution Professional Grey's Exim Pvt. Ltd. & Ors.

Court/Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi

Case Numbers: Company Appeal (AT) (Insolvency) No. 982 of 2026 (with I.A. No. 3898, 3899 of 2026) and Company Appeal (AT) (Insolvency) No. 983 of 2026 (with I.A. No. 3905 of 2026)

Order Date: 27 May 2026

Parties Involved

Appellant: Mehul Sedani, identified as the Successful Resolution Applicant of Grey's Exim Pvt. Ltd.

Respondents: Prashant Jain (described as both 'Resolution Professional' and 'Erstwhile Resolution Professional' of Grey's Exim Pvt. Ltd.) & Others

Final Ruling & Enforcement

The National Company Law Appellate Tribunal heard these connected appeals in hybrid mode. The learned counsel for the Appellant prayed for and was granted two weeks' time to file an Additional Affidavit. The tribunal ordered that both appeals be listed next on 30 June 2026 for further proceedings.

The order was signed by Justice Ashok Bhushan (Chairperson) and Barun Mitra (Member (Technical)).