Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 30th September 2026
Case Overview
This is an order from the National Company Law Appellate Tribunal (NCLAT) concerning Company Appeal (AT) (Insolvency) No. 727 of 2026 along with an Interlocutory Application (I.A. No. 2837 of 2026). The appellants are Mahmud Ali & Others. The respondent is Manish Jain, in his capacity as the Liquidator of Sasa Musa Sugar Works Pvt. Ltd. The matter was listed for a hearing on September 30, 2026. However, the bench, comprising Justice Sharad Kumar Sharma (Member-Judicial), Arun Baroka (Member-Technical), and Indevar Pandey (Member-Technical), noted that due to a paucity of time, the appeal could not be taken up for hearing on that day.
Final Outcome
The NCLAT adjourned the hearing of the appeal and listed it for the next date of hearing on 16th November 2026. The order also explicitly states that any interim order already passed in the matter shall remain in operation until this next date of listing.
Topics: Insolvency Proceeding, NCLAT Appeal, Adjournment