Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 22.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard three interconnected appeals related to the insolvency proceedings of Kolon Investments 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 Investments Pvt. Ltd. & Ors.), and Comp. App. (AT) (Ins) No. 1657 of 2025 with I.A. No. 6519 of 2025 (Sachin Dinkar Bhatt Bhatt, RP of Kolon Investments Pvt. Ltd. vs. Pratik Bose & Ors.). The common parties across these appeals include the Resolution Professional Sachin Dinkar Bhattbhatt, appellant Pratik Bose, and the corporate appellants Rajendra M. Thakkar (Ravasia) and Sons Pvt. Ltd.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical) noted "No time left" and adjourned the hearing of all three appeals. The matters have been listed for the next hearing on 25.08.2026. No substantive arguments were heard or decisions made on the merits of the cases during this proceeding.
Topics: Insolvency Proceedings, NCLAT Adjournment, Corporate Litigation