Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 13.10.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1967 of 2026, which involves an appeal filed by Sanjay Kumar Gupta, the suspended director of National Commodities Management Services Limited. The respondents in the case are Embee Software Pvt. Ltd. and an Interim Resolution Professional (IRP). The hearing was conducted in hybrid mode with legal representation present for all parties: Senior Advocate Mr. K. Datta with Mr. Karan Gandhi, Mr. Pratham Bansal, and Mr. Yash Tandon represented the appellant; Ms. Payal Chandra and Mr. Rhythm Buaria represented Respondent-1 (Embee Software Pvt. Ltd.); and Mr. Devang Sampat represented Respondent-2 (the IRP).
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical) adjourned the hearing due to time constraints. The appeal was listed for the next day, 14.10.2026, under the same caption. No substantive hearing or decision on merits occurred during this proceeding.
Topics: NCLAT Proceedings, Corporate Insolvency, Director Appeal