Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 25 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard three interconnected appeals related to the insolvency proceedings of Kolon Investment Pvt. Ltd. The appeals are Comp. App. (AT) (Ins) No. 1538 of 2025 (Pratik Bose vs. Sachin Dinkar Bhattbhatt, RP of Kolon Investment Pvt. Ltd. & Ors.), Comp. App. (AT) (Ins) No. 1540 of 2025 (Rajendra M. Thakkar (Ravasia) and Sons Pvt. Ltd. & Anr. vs. Sachin Dinkar Bhattbhatt, RP of Kolon Investment Pvt. Ltd. & Ors.), and Comp. App. (AT) (Ins) No. 1657 of 2025 with I.A. No. 6519 of 2025 (Sachin Dinkar Bhattbhatt, RP of Kolon Investment Pvt. Ltd. vs. Pratik Bose & Ors.). Mr. Himanshu Satija, Mr. Ripul Swati, and Mr. Suyash Shrivastava appeared as advocates for some parties, while appearance was not marked for others.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Mr. Naresh Salecha (Member-Technical) adjourned all three appeals due to lack of time. The matters have been listed for the next hearing on 16 October 2026. No substantive decisions or rulings on the merits of the cases were made in this order.
Topics: Insolvency Proceedings, NCLAT Adjournment, Corporate Litigation