Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: October 13, 2026
Case Overview
This is an adjournment order from the National Company Law Appellate Tribunal (NCLAT) in Company Appeal (AT) (Ins.) No. 1959 of 2026. The appellants are a consortium consisting of Admas Industries Pvt. Ltd., Subh Ashish Exim Pvt. Ltd., Amit Jain, and Hardcastle Restaurants Pvt. Ltd., which is identified as the Successful Resolution Applicant of Sristi Hospitality Private Limited. The respondents are Rajan Deshraj Agarwal and another unnamed party. The legal representation for the appellants was led by Mr. Vivek Sibal, Senior Advocate, while Mr. Sumant Batra led the representation for the first respondent.
Final Outcome
The Tribunal adjourned the hearing of the appeal. The adjournment was granted based on a request made by the learned counsel for the Appellant. The appeal is now rescheduled to be listed for hearing on the next day, October 14, 2026, under the same caption. The order was passed by a bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical).
Topics: Insolvency Appeal, NCLAT, Adjournment