Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 03.08.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) was hearing two connected 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 acting as the Resolution Professional (RP) of Jitendra Kikavat, who is a Personal Guarantor to the Corporate Debtor, Mahavir Roads and Infrastructure Pvt Ltd. The respondents in both appeals are Bank of Baroda & Others. For the first appeal (828/2026), Advocate Mr. Karan Thackeray appeared for Respondents 1, 2, and 3. Appearances were not marked for the appellant in either case or for the respondents in the second appeal (1070/2026).
Final Outcome
The bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical), adjourned both appeals due to "No time left" for hearing on August 3, 2026. The matters were listed for the next hearing on 10.08.2026.
Topics: Insolvency Proceedings, Personal Guarantor, Adjournment