Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 12 October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1958 of 2026 along with I.A. No. 7424 of 2026. The appeal involves NKAY Investment as the appellant versus Jayesh Sanghrajka & Others as respondents. Multiple legal representatives appeared for various parties: Mr. Shreeyash U. Lalit and Mr. Himanshu Vats represented the appellant; Mr. Abhishek Anand and Ms. Palak Kalra represented Respondent-2 (Committee of Creditors); Mr. Abhijeet Sinha (Senior Advocate) with Mr. Arpit Dwivedi and Ms. Sakshi Kapoor represented Respondent-1/Resolution Professional; and Mr. Gaurav Mitra (Senior Advocate) with Mr. Sagar Bansal represented the SRA (likely Successful Resolution Applicant).
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) noted that there was "no time left" for the hearing. Consequently, the appeal was adjourned and listed for hearing on the next day, 13 October 2026, under the same caption.
Topics: Insolvency Appeal, Adjournment