Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 16 October 2026
Case Overview
This order pertains to an Interlocutory Application (I.A. No. 7500 of 2026) filed within a larger Company Appeal (AT) (Ins.) No. 261 of 2026. The appellant is Mohd Yousuf Mantoo, the Suspended Managing Director of Siraj UI Uloom Welfare Foundation. The respondents are the Registrar of Companies, Jammu & Kashmir and Ladakh, among others. The matter involves liquidation proceedings concerning the aforementioned foundation. The specific application before the tribunal was seeking procedural directions.
Final Outcome
The NCLAT bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Arun Baroka (Member-Technical), issued a procedural order. The learned counsel representing the Liquidator acknowledged receipt of the application and requested a reasonable amount of time to file a formal response to it. The tribunal granted this request. It directed that both this interlocutory application and the main company appeal be listed together for the next hearing on 27 October 2026. The Liquidator is to file its response to the application before this date.
Topics: NCLAT, Insolvency, Corporate Litigation