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

Order Date: 12 August 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 1323 of 2025. The appellants are Hasmukh Shah & Anr. The respondent is Kamal Kumar Jain in his capacity as the Liquidator of Manan Apparels Ltd. The appeal arises from insolvency proceedings concerning Manan Apparels Ltd. The bench comprised Justice Yogesh Khanna (The Officiating Chairperson), Barun Mitra (Member Technical), and Ajai Das Mehrotra (Member Technical).

Final Outcome

The Tribunal adjourned the hearing of the appeal and listed it for the next date on 28 September 2026. The existing interim order was directed to continue until the next hearing.

Topics: Insolvency, NCLAT, Corporate Litigation