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

Order Date: 02.11.2026

Case Overview

This document is an adjournment order from the National Company Law Appellate Tribunal (NCLAT) concerning two linked insolvency appeals: Comp. App. (AT) (Ins) No. 1021 of 2023 and Comp. App. (AT) (Ins) No. 1350 of 2023. The appellants are Sarish Mittal and Vipan Mittal, respectively. The respondent in both appeals is Nipan Bansal in his capacity as the Resolution Professional of M/S KSM Spinning Mills Ltd. The order was passed by a bench comprising Justice Sharad Kumar Sharma (Member-Judicial), Arun Baroka (Member-Technical), and Indevar Pandey (Member-Technical).

Final Outcome

The tribunal adjourned the hearing of both appeals due to a paucity of time. The matters have been relisted for a future hearing on 11.01.2027.

Topics: Insolvency Proceeding, NCLAT, Adjournment