NCLAT Adjourns Grey's Exim Insolvency Appeals to September

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

Order Date: 24th August 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) has issued a procedural order in two connected appeals. The appeals, Comp. App. (AT) (Ins) No. 982 of 2026 and Comp. App. (AT) (Ins) No. 983 of 2026, were filed by Mr. Mehul Sedani, who is identified as the Successful Resolution Applicant for the corporate debtor, Grey's Exim Pvt. Ltd. The respondents in both appeals are Mr. Prashant Jain, the Resolution Professional for Grey's Exim Pvt. Ltd., and Others. The order does not detail the specific grounds or allegations of the appeal. The bench, comprising Officiating Chairperson Justice Yogesh Khanna and Members Barun Mitra and Ajai Das Mehrotra, heard the matter in hybrid mode.

Final Outcome

The tribunal did not deliberate on the merits of the case. The final outcome of this hearing was purely procedural; the appeals were adjourned and listed for the next hearing on 18th September 2026. No other directions were issued.

Topics: Insolvency, NCLAT, Corporate Debtor