Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 16.10.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1761 & 1762 of 2025 along with I.A. No. 6174 and 6175 of 2026. The appellants are Prem Lata Yadav & Anr., while the respondents include Rathi Tmt Saria Pvt. Ltd. represented through its Resolution Professional Ajit Kumar, and other parties. The matter appears to be an appeal related to insolvency proceedings against Rathi Tmt Saria Pvt. Ltd.
Multiple legal representatives were present: Mr. Saurabh Kalia and S Shishir represented the appellants. For the respondents, representation included Mr. Harshit Khare, Mr. Prafful Saini, Mr. Ayuj Agarwal (for R4), Mr. Abhishek Anand, Mr. Karan Kohli, Mr. Parth Sarathi (for the Resolution Professional), and Mr. Ankit Srivastava, Ankit Singal, Divyam Kumar (for R3).
Final Outcome
The bench comprising Justice Yogesh Khanna (Officiating Chairperson), Barun Mitra (Member Technical), and Ajai Das Mehrotra (Member Technical) adjourned the hearing due to time constraints. The appeal has been listed for next hearing on 23.11.2026.
Topics: Insolvency Appeal, NCLAT Proceedings, Corporate Litigation