Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 29.09.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two interconnected insolvency appeals. The first appeal, Comp. App. (AT) (Ins) No. 1268 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, was filed by Raigaon Sugar & Power Ltd. as the appellant against respondents Shri Gurudatt Sugars Marketing Pvt. Ltd. & Another. Representation included Mr. Mani Mishra and Mr. Imaan Khera for Shri Gurudatt Sugars, Mr. Rohit Gupta and others for the Resolution Professional, and Ms. Aakashi Lodha and Mr. Namanjeet Bhatia for other parties.
Final Outcome
The bench, comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Mr. Naresh Salecha (Member Technical), adjourned both matters due to time constraints. The cases were listed for further hearing on November 25, 2026. No substantive decisions on the merits of the appeals were made in this order.
Topics: NCLAT Proceedings, Insolvency Appeals, Adjournment