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

Order Date: 20 August 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 799 of 2025. The appellant is Jatinbhai Dhirajbhai Lakkad, identified as a Member of the Suspended Board of Directors of Shrinathji Spintex Pvt. Ltd. The respondents are Raj Radhe Finance Ltd. & Anr. The nature of the proceedings is an insolvency appeal. The matter was presented before a bench consisting of Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical).

Final Outcome

The tribunal adjourned the hearing due to a lack of time. The appeal was relisted for the next hearing on October 7, 2026. No substantive rulings, observations, or decisions on the merits of the case were made in this order.

Topics: Insolvency Appeal, NCLAT Proceedings