Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 07.08.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 1106 of 2026 along with I.A. No. 4329 of 2026. The appeal was filed by Mehul Sedani, the Successful Resolution Applicant (SRA) for Manav Greys Exim Private Limited, as the Appellant. The Respondents named in the appeal are Purusottam Behera (the Resolution Professional for Manav Greys Exim Pvt. Ltd.) and Others. The nature of the proceeding is an appeal against an order likely passed by the National Company Law Tribunal (NCLT) in the Corporate Insolvency Resolution Process (CIRP) of Manav Greys Exim Private Limited. The hearing was conducted in hybrid mode.
Final Outcome
The NCLAT did not hear the appeal on its merits. The Appellant's counsel, Mr. Prakhar Tandon, Advocate, sought an adjournment and time to file an Additional Affidavit. The Tribunal granted this request, directing the Appellant to file the affidavit within two weeks and provide a copy to the opposite party. The appeal was subsequently adjourned and listed for its next hearing on 14.09.2026. The bench comprised Officiating Chairperson Justice Yogesh Khanna, and Members Barun Mitra (Technical) and Ajai Das Mehrotra (Technical).
Topics: Insolvency Appeal, NCLAT, Adjournment