NCLAT Adjourns Rare ARC Insolvency Appeal to September

Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi

Order Date: 16th July, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Insolvency) No. 115 of 2026. The appellants in the case are Mukundkumar Dahyabhai Patel & Others. The respondent is Rare Asset Reconstruction Ltd. The appeal was presented in hybrid mode. Advocates representing the parties were Mr. Malak Bhatt and Ms. Somya Saxena for the appellants, and Mr. Anmol Bansal for the respondents. The bench consisted of Officiating Chairperson Justice Yogesh Khanna and Member (Technical) Barun Mitra.

Final Outcome

The Tribunal ordered that the appeal be listed again for hearing on 8th September, 2026. This constitutes an adjournment of the proceedings without a final decision on the merits of the case.

Topics: Insolvency Appeal, Asset Reconstruction, NCLAT Proceeding