Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 24 July 2026
Case Overview
This order pertains to two interconnected Company Appeals (AT) (Insolvency) cases. The first appeal, Comp. App. (AT) (Ins) No. 127-128 of 2020, was filed by Nityank Infrapower & Multiventures Pvt. Ltd. against Rakesh Rathi & Others. Several Interlocutory Applications (I.A. No. 322, 323, 410 of 2020, and 3072 & 3073 of 2022) were also linked to this appeal. The second appeal, Comp. App. (AT) (Ins) No. 112-113 of 2020, was filed by Balmukh Goldjewel and Multitrading Pvt. Ltd., also against Rakesh Rathi & Others. For the Balmukh Goldjewel appeal, advocates Mr. Rohan Jaitley, Mr. Akshay Sharma, Mr. Dev Pratap Shahi, Mr. Varun Pratap Singh, and Mr. Yogya Bhatia represented the appellant. Appearances for other parties were not marked.
The bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical), heard the matters in hybrid mode. The principal issue leading to the appeals and the specific allegations or disputes were not detailed in this procedural order.
Final Outcome
The tribunal noted that there was no time left to hear the appeals on the scheduled date. Consequently, it adjourned the proceedings. Both appeals, along with all connected interlocutory applications, were listed for their next hearing on 01 September 2026. No substantive rulings on the merits of the cases were made in this order.
Topics: Insolvency Appeal, Adjournment, NCLAT