Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 13.10.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical), heard Comp. App. (AT) (Ins) No. 1967 of 2026. The appeal was filed by Sanjay Kumar Gupta, the suspended director of National Commodities Management Services Limited, against respondents Embee Software Pvt. Ltd. and another party (the Interim Resolution Professional). The hearing was conducted in hybrid mode with legal representation from both sides: Mr. K. Datta (Senior Advocate) with a team for the appellant, and Ms. Payal Chandra with Mr. Rhythm Buaria for respondent-1 (Embee Software), and Mr. Devang Sampat for respondent-2/IRP.
Final Outcome
The bench 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 in this order.
Topics: Insolvency Appeal, Corporate Litigation, NCLAT Proceeding