NCLAT Adjourns Jay Formulation Insolvency Appeal

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

Order Date: 28.10.2026

Case Overview

This is an order from the National Company Law Appellate Tribunal (NCLAT) in an insolvency appeal. The appellants are Rakshit Ashwinbhai Patel & Others. The respondent is Vinod Tarachand Agrawal, who is the Resolution Professional (RP) of Jay Formulation Ltd. The appeal is registered as Comp. App. (AT) (Ins) No. 1534 of 2025.

Final Outcome

The hearing for this appeal was adjourned. The order states "As no time left, list this appeal on 18.01.2027." The bench, consisting of Justice Yogesh Khanna (The Officiating Chairperson) and Barun Mitra (Member (Technical)), has rescheduled the matter for a hearing on January 18, 2027. No substantive issues were heard or decided in this order; it is purely a procedural adjournment.

Topics: Insolvency Appeal, Corporate Law, Adjournment