Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 11 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) dealt with three interconnected insolvency appeals heard together:
1. Comp. App. (AT) (Ins) No. 492 of 2026 & I.A. No. 1915, 1916, 1917 of 2026: Vivek Aggarwal (Appellant) versus IDBI Trusteeship Services Ltd. & Anr. (Respondents)
2. Comp. App. (AT) (Ins) No. 53 of 2026 & I.A. No. 192, 193, 194, 195 of 2026: Tushar Goel (Appellant) versus IDBI Trusteeship Services Ltd. & Anr. (Respondents)
3. Comp. App. (AT) (Ins) No. 378 of 2026 & I.A. No. 1468, 1469 of 2026: Gautam Chaudhary (Appellant) versus Jalesh Kumar Grover (Resolution Professional) & Anr. (Respondents)
Representation was noted for the appellants by various advocates including Ms. Pallavi Singh, Ms. Anjali Jain, and Mr. Rajat Manchanda. The respondents were represented by Mr. Pranjit Bhattacharya, Ms. Nitya Prabhakar, Ms. Shalini Basu, Mr. Abhirup Dasgupta, Mr. Rahul Gupta, Mr. Rahul Dadich, Ms. Vagisha Tiwari, and Ms. Surbhi Sachdeva.
The bench comprised Justice Mohammad Faiz Alam Khan (Member-Judicial) and Mr. Naresh Salecha (Member-Technical). The proceedings were conducted in hybrid mode.
Final Outcome
The tribunal noted "No time left" and accordingly adjourned all three appeals. The matters were listed for next hearing on 10 September 2026. No substantive hearing or arguments took place on the merits of the cases. The order represents a procedural adjournment only.
Topics: NCLAT Proceedings, Insolvency Appeals, Adjournment