Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: September 2, 2026
Case Overview
This order pertains to Comp. App. (AT) (Ins) No. 1612 of 2026, an appeal filed by Navneet Gupta (Insolvency Professional) against the Insolvency and Bankruptcy Board of India (IBBI). During the hearing, it was revealed that Shri Sanjeev Mahajan, who had filed a complaint against the appellant, had also filed a caveat under Section 148A of CPC read with office order dated April 9, 2019. However, the tribunal registry had listed the case with the remark 'No Caveat,' creating a discrepancy.
The tribunal expressed concern about this administrative inconsistency and directed the registry to submit a detailed report by the next morning addressing: (I) whether any caveat has been filed regarding this matter, (II) if filed, what registration number it bears, and (III) why no report was placed regarding the caveat filing and why it doesn't reflect on the tribunal's e-portal.
Additionally, the tribunal considered I.A. No. 6230 of 2026, an application filed by Shri Deepak Khosla on behalf of Haravtar Singh Arora seeking impleadment as a respondent in the appeal. The tribunal noted that no opportunity had been given to parties to file objections to this application and directed that replies be filed by the next hearing.
Final Outcome
The appeal was adjourned to September 3, 2026, as the second case on the board, pending the registry's report on the caveat matter and responses to the impleadment application. No substantive decision on the merits of the appeal was made in this order.
Topics: NCLAT Procedure, Caveat Filing, Impleadment Application