NCLAT Adjourns MAP Refoils Insolvency Appeal to August 21

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

Order Date: 04.08.2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1065 of 2026 along with I.A. No. 4195 and 4196 of 2026. The appeal was filed by Mehulkumar Arvindbhai Patel & Others (Appellants) against Vikash Jain in his capacity as the Liquidator of MAP Refoils India Ltd (Respondent). The matter represents an ongoing insolvency proceeding concerning MAP Refoils India Ltd. During the hearing, Ms. Aditi Avashia, appearing as Proxy Counsel for the Appellants, made a request for an adjournment. This request was objected to by the Respondent's counsel, Mr. Monaal Davawala.

Final Outcome

The NCLAT bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical), granted the adjournment despite the objection. The appeal is now scheduled to be listed next on 21.08.2026. The tribunal issued a clear and specific stipulation that the appeal shall not be adjourned any further at the behest of the appellant.

Topics: Insolvency Appeal, NCLAT Proceeding, Adjournment