Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: August 13, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard Company Appeal (AT) No. 98 of 2026. The appellants are Amit Ramanand Sangai & Anr., who are appealing against the respondents Phoenix Industries Ltd. & Ors. The matter was presented before a three-member bench consisting of Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical). Legal representation was present for both parties: Mr. Arjun Seth and Ms. Somya Jain represented the appellants, while Mr. C. Nageshwaran, Mr. Siddhant Grover, and Ms. Roshni Ojha represented the respondents. The proceedings were conducted in hybrid mode.
Final Outcome
The NCLAT bench ordered that the appeal be listed for hearing on September 23, 2026. This constitutes a procedural adjournment of the matter without any substantive ruling on the merits of the case.
Topics: NCLAT Proceedings, Corporate Litigation, Adjournment