Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 08 July 2026
Case Overview
This is an interim order from the National Company Law Appellate Tribunal (NCLAT) in an ongoing appeal. The appellants are Hasmukh Shah and Another. The respondent is Kamal Kumar Jain in his capacity as the Liquidator of Manan Apparels Ltd. The appeal is registered as Company Appeal (AT) (Insolvency) No. 1323 of 2025. The nature of the underlying dispute or the grounds for the appeal are not detailed in this specific order. The matter was heard in hybrid mode. Counsel Mr. Udipto Koushik Sarmah, Advocate, was present for the appellants. There was no representation for the respondent at this hearing.
Final Outcome
The NCLAT bench, comprising Justice N. Seshasayee (Member - Judicial) and Barun Mitra (Member - Technical), did not rule on the merits of the appeal. The bench issued a procedural order to adjourn the hearing and list the appeal next on 12 August 2026. The tribunal also explicitly ordered that the existing interim order, the specifics of which are not mentioned in this document, shall continue to remain in effect until the next date of hearing.
Topics: Insolvency Appeal, NCLAT, Liquidation Process