Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 24 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard two connected insolvency appeals numbered Comp. App. (AT) (Ins) No. 345 of 2026 and Comp. App. (AT) (Ins) No. 403 of 2026. The appellant in both cases is Win Win Property Private Limited. The respondents are Pankaj Ramandas Majithia in his capacity as the Resolution Professional (RP) of E Commerce Magnum Solution Limited, along with another respondent. The appeals appear to relate to insolvency proceedings concerning E Commerce Magnum Solution Limited. The matter was heard in hybrid mode with legal representation from both sides: Mr. Rohan Talwar, Mr. Sagar Bansal, Ms. Preksha Diwakar, and Mr. Dhruv Parwal represented the appellant, while Mr. Ayush J Rajani and Ms. Khushboo Shah Rajani represented Respondent No. 1 (the Resolution Professional). The bench comprised Justice Mohammad Faiz Alam Khan (Member Judicial) and Mr. Naresh Salecha (Member Technical).
Final Outcome
The Tribunal did not conduct any substantive hearing on the merits of the case due to time constraints. The order simply states "No time left" and accordingly adjourns both appeals. The next date of hearing has been scheduled for 27 August 2026. No interim directions, observations on merits, or substantive orders were passed.
Topics: Insolvency Proceedings, NCLAT Adjournment