Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 24 June 2026
Case Overview
This is an order from the National Company Law Appellate Tribunal (NCLAT) in an ongoing insolvency appeal. The appellants are Mehulkumar Arvindbhai Patel & Others, and the respondent is Vikash Jain in his capacity as the Liquidator of MAP Refoils India Limited. The case is identified as Company Appeal (AT) (Ins) No. 1065 of 2026, with connected Interlocutory Applications I.A. No. 4195 and 4196 of 2026.
During deliberations, the Senior Counsel for the appellants, Mr. Krishnendu Datta, indicated a need to take instructions from his clients regarding certain tribunal orders that were not available on the record.
Final Outcome
The NCLAT bench, comprising Justice Mohd. Faiz Alam Khan (Member-Judicial) and Mr. Barun Mitra (Member-Technical), permitted the appellant's counsel to file an appropriate application or affidavit along with the requisite documents. The matter was adjourned and listed for the next hearing on 03 July 2026.
This content may not be financially relevant