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

Order Date: September 18, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1709 of 2026 along with I.A. No. 6498 of 2026. The appeal was filed by Mehulkumar Arvindbhai Patel & Others (Appellants) against Vikas Jain in his capacity as the Liquidator of MAP Refoils India Ltd. (Respondent). The matter represents an appeal against liquidation proceedings involving MAP Refoils India Ltd. During the hearing, Ms. Saloni Lath appeared as Proxy Counsel for the appellants.

Final Outcome

The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical) adjourned the appeal following a request made by the appellant's proxy counsel. The matter has been rescheduled to be listed on September 28, 2026, under the same caption. No substantive hearing or decision on the merits of the case occurred during this proceeding.

Topics: Insolvency Appeal, Corporate Liquidation, NCLAT Proceeding