Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 15, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi issued a procedural order in Company Appeal (AT) (Ins.) No. 351 of 2025 along with I.A. Nos. 3064 of 2025 and 536 of 2026. The appeal involves Ashutosh Majumdar as the appellant and Omkara Asset Reconstruction Pvt. Ltd. along with another party as respondents. The matter was represented by senior advocates for both sides - Mr. Abhijeet Sinha and Mr. Gaurav Mitra with their team for the appellant, and Mr. Sanjeev Sen with his team for the respondents including Omkara Asset Reconstruction Pvt. Ltd.
Final Outcome
The NCLAT bench comprising Officiating Chairperson Justice Yogesh Khanna and Member (Technical) Mr. Ajai Das Mehrotra ordered that the appeal be listed for further arguments on July 27, 2026 at 2:00 PM before Court-I. The interim order that was previously in place was directed to continue until the next hearing date. This is purely a procedural adjournment without any substantive decision on the merits of the case.
Topics: NCLAT Proceedings, Asset Reconstruction, Legal Adjournment