Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: August 19, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard two interconnected appeals involving sugar companies. The first appeal, Comp. App. (AT) (Ins) No. 1268 of 2024 along with I.A. No. 4521 and 4522 of 2024, was filed by Shri Gurudatt Sugars Marketing Pvt. Ltd. as the appellant against respondents Ritesh R. Mahajan & Others. The second appeal, Comp. App. (AT) (Ins) No. 1639 of 2024 along with I.A. No. 5982 and 5983 of 2024, was filed by Raigaon Sugar & Power Ltd. as the appellant against respondents Shri Gurudatt Sugars Marketing Pvt. Ltd. & Another. The appeals appear to be cross-appeals between the two sugar companies. The bench noted that there was "no time left" to hear the matters on the scheduled date.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) adjourned both appeals and listed them for next hearing on September 29, 2026. The order was passed in hybrid mode. No substantive hearing or decision on merits occurred during this proceeding.
Topics: NCLAT Proceedings, Corporate Legal Dispute, Sugar Industry