Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: August 10, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) was hearing two connected insolvency appeals: Comp. App. (AT) (Ins) No. 828 of 2026 with I.A. No. 3204 of 2026 and Comp. App. (AT) (Ins) No. 1070 of 2026. The appellant in both cases is Kairav Anil Trivedi, who is the Resolution Professional (RP) of Jitendra Kikavat, the personal guarantor to the Corporate Debtor Mahavir Roads and Infrastructure Pvt Ltd. The respondents in both appeals are Bank of Baroda & Others. Representation for the appellant was not marked, while the respondents were represented by advocates Mr. Vijay Purohit, Mr. Pratik Jhaveri, Mr. Abhilash Gaur, and Mr. Karan Thackeray for Respondents 1 to 3.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Mr. Naresh Salecha (Member Technical) noted that there was no time left to hear the matters. Consequently, the tribunal adjourned both appeals and listed them for the next hearing on September 7, 2026. The order was passed in hybrid mode.
Topics: Insolvency Proceedings, Personal Guarantor, Adjournment