Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 21, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi heard Comp. App. (AT) (Ins) No. 1579 of 2024 along with I.A. No. 5730 of 2024. The appeal involves Rakesh Kumar Jain as the appellant versus Agrofood Grains Pvt. Ltd. & Anr. as respondents. Advocates Mr. Mohit Nandwani and Mr. Aabhaas Sukhmani represented the appellant, while Mr. Abhishek Anand, Mr. Karan Kohli, and Ms. Palak Kalra represented the respondents.
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 hearing the matter on July 21, 2026. Consequently, the appeal was adjourned and listed for the next hearing on August 24, 2026. No substantive proceedings, arguments, or decisions on the merits of the case occurred during this hearing.
Topics: NCLAT Proceedings, Hearing Adjournment, Insolvency Appeal