NCLAT Adjourns SEBI Appeal Against Mukesh Jain RP

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

Order Date: 02.07.2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard an appeal filed by the Securities and Exchange Board of India (SEBI) against Mukesh Chand Jain, who is serving as the Resolution Professional for Varun Media Pvt. Ltd. The appeal is registered as Comp. App. (AT) (Ins.) No. 521 of 2025 along with I.A. No. 5211 of 2025.

During the hearing, SEBI's learned Senior Counsel, Mr. Neeraj Malhotra, informed the tribunal that proceedings regarding the same subject matter are also pending before the Securities Appellate Tribunal (SAT). The SAT matter is scheduled to be heard on 30th July 2026.

Final Outcome

The NCLAT bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Mr. Naresh Salecha (Member-Technical), adjourned the appeal based on this information. The matter has been rescheduled to be listed before NCLAT on 5th August 2026.

Topics: NCLAT Proceedings, SEBI Appeal, Adjournment