Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 13 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two connected appeals filed by Radha Madhav Corporation Ltd. (Appellant) against National Stock Exchange India Ltd. (NSE) and Others (Respondents). The appeals are registered as Company Appeal (AT) (Insolvency) No. 1109 of 2026 (with I.A. No. 4339 of 2026) and Company Appeal (AT) (Insolvency) No. 1110 of 2026 (with I.A. No. 4342 of 2026).
The appellant, Radha Madhav Corporation Ltd., was represented by Advocate Udita Singh. The respondents, National Stock Exchange India Ltd., were represented by a team of advocates including Mr. Anshit Aggarwal, Ms. Devina Bhandari, Mr. Ishan Agrawal, Mr. Ashutosh Mishra, and Ms. Shreya Kak. Additional advocates Mr. Abhishek P. and Mr. Shahil G. were also present for the respondents.
The order does not disclose the specific nature of the dispute or the grounds of appeal, but indicates that Radha Madhav Corporation is challenging some action or decision of the National Stock Exchange.
Final Outcome
The NCLAT bench, consisting of Officiating Chairperson Justice Yogesh Khanna and Members Mr. Barun Mitra and Mr. Ajai Das Mehrotra, did not make any substantive ruling on the merits of the case. The tribunal merely adjourned both appeals and scheduled them for the next hearing on September 16, 2026. No interim orders or directions were issued in this proceeding.
Topics: NCLAT Proceeding, Stock Exchange Dispute