Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: August 10, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1186 of 2026, an appeal filed by Dinesh Rathi and Others (Appellants) against Vedamata Multiservices and Trading Pvt. Ltd. and Others (Respondents). During the hearing, counsel for the appellants requested an adjournment of the appeal beyond August 21, 2026, citing that an Extraordinary General Meeting (EGM) of the company was scheduled for that date. Counsel for Respondent No. 1 objected to this request, arguing that the scheduled EGM had no connection to the instant appeal. The Tribunal did not comment on the issue of connection between the EGM and the appeal but granted one more opportunity to the appellant to argue the case.
Final Outcome
The Tribunal adjourned the hearing and listed the matter for next hearing on August 24, 2026. The order stipulates that no further time for arguing the appeal will be granted in the future.
Topics: NCLAT Proceeding, Corporate Litigation, Adjournment