NCLAT Adjourns J.C. Flowers vs Vithal Dahake Case

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

Order Date: 10.07.2026

Case Overview

This is an order from the National Company Law Appellate Tribunal (NCLAT) in Company Appeal (AT) (Insolvency) No. 1804 of 2024. The appellant is J.C. Flowers Asset Reconstruction Pvt. Ltd. The respondents are Vithal M. Dahake & Others. The matter was heard in hybrid mode. Representatives for both parties were present: Mr. Chitranshul A. Sinha, Mr. Shivam Shorewala, Ms. Rakshita Bhargava, and Ms. Esha Sharma appeared for the appellant. For the respondents, Mr. Amir Arsiwala and Mr. Yash Jariwala appeared for Respondent-1, Mr. Krishnendu Kalra and Mr. Harsh Gurbani for Respondent-2, and Mr. Rhythm Buaria for Respondent-3, along with Sr. Adv. Datta and Mr. Varun.

Final Outcome

The Tribunal noted that there was no time left to hear the matter and accordingly adjourned it to the next date of listing on 24.07.2026. The order explicitly states that any interim order already in place "shall remain in operation till the next date of listing." The order was passed by the bench consisting of Justice Mohammad Faiz Alam Khan (Member - Judicial) and Mr. Naresh Salecha (Member - Technical).

Topics: NCLAT Proceeding, Adjournment, Interim Order