Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: August 3, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 391 of 2025 filed by Mahima Lifesciences Pvt. Ltd. as appellant against Concept Biosciences India Pvt. Ltd. and Ajay Kumar Agarwal, the Interim Resolution Professional (IRP) of Concept Biosciences India, as respondents. The appeal arises from insolvency proceedings. The appellant was represented by advocates Mr. Pulkit Deora and Mr. Himanshu Kohli, while the respondent IRP was represented by advocate Mr. Jaskaran S. Bhatia. The hearing was conducted in hybrid mode.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) adjourned the hearing due to time constraints. The appeal has been listed for next hearing on August 18, 2026. No substantive order on the merits of the case was passed in this hearing.
Topics: NCLAT Proceedings, Insolvency Appeal, Hearing Adjournment