Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 24 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Interim Application No. 5092 of 2026 within Company Appeal (AT) (Ins) No. 1089 of 2026. The appellant is Yogesh Kasundra, Suspended Director of Pithadai Construction Pvt. Ltd. The respondents are Mittal Construction Co. (Respondent No. 1, Operational Creditor) and another party (Respondent No. 2, represented by the Interim Resolution Professional). The application was presented by Senior Advocate Mr. Nachiketa Joshi along with advocates Ms. Kanika Singhal, Mr. Punam Gandhi, and Ms. Deepshika for the appellant. The IRP (Respondent No. 2) was represented by advocates Mr. Pulkit Deora and Mr. RV Singhal. No representation was present on behalf of Respondent No. 1 (Operational Creditor).
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Mr. Naresh Salecha (Member-Technical) granted a 10-day period to the Operational Creditor (Respondent No. 1) to file a response to the Interim Application filed by the appellant. The matter was adjourned and listed for next hearing on 29 July 2026.
Topics: Insolvency Proceedings, Legal Adjournment