Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 23, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) is hearing five interconnected appeals (Comp. App. (AT) (Ins) No. 1114 of 2026, 1118 of 2026, 1169 of 2026, 1194 of 2026, and 1198 of 2026) related to the corporate insolvency resolution process of Mastana Foods Pvt Ltd. The appellants include Amba Grains Pvt Ltd & Others, Anil Khurana, and Krishan Mohan Mendiratta. The respondents include the resolution professional Amit Agrawal of Mastana Foods, the corporate debtor, and other parties. The appeals appear to challenge aspects of the insolvency resolution process, potentially including the actions of the resolution professional or decisions related to the resolution plan.
Multiple senior advocates represented the various parties: Mr. Abhijeet Sinha for Amba Grains appellants, Mr. Sumant Batra for Respondent-1, Mr. Ramji Srinivasan for Respondent-3, and Mr. K. Datta for Krishan Mohan Mendiratta. The proceedings were conducted in hybrid mode.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) adjourned the hearing after concluding submissions from Learned Senior Counsel Shri Krishnendu Datta. All appeals have been listed for further hearing on July 27, 2026, under the same caption. No substantive decisions or rulings were made in this order.
Topics: Insolvency Appeals, NCLAT Proceedings, Corporate Resolution Process