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

Order Date: July 22, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi issued a procedural order in Company Appeal (AT) (Insolvency) No. 1879 of 2024. The appeal involves Mayfair Biotech Private Limited as the appellant against Good Value Chemicals Private Limited as the respondent. The order was passed in hybrid mode with representation from advocates for both parties - Mr. Rajesh Agrawal for the appellant and Mr. Ajay Singh for the respondent. The bench comprised Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical).

Final Outcome

The tribunal adjourned the hearing and listed the appeal for the next hearing on August 13, 2026. No substantive rulings, decisions on merits, or observations on the case were made in this order, which served purely as a scheduling directive.

Topics: NCLAT Proceeding, Case Adjournment, Corporate Litigation