Authority: National Company Law Appellate Tribunal, Chennai
Order Date: September 1, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard two interconnected company appeals: Company Appeal (AT) (CH) No. 74/2026 and Company Appeal (AT) (CH) No. 75/2026. The appeals involve MBG Commodities Pvt. Ltd. & 3 Others as appellants versus Ashok Kumar Mandhani & 8 Others as respondents in the first appeal, and Anju Devi Mandhani & Another as appellants versus MBG Commodities Pvt. Ltd. & 10 Others as respondents in the second appeal. The hearing was conducted in hybrid mode with multiple senior advocates representing both parties.
Final Outcome
The Tribunal adjourned the hearing of both appeals to September 2, 2026, at 2:00 PM. The interim order in Company Appeal (AT) (CH) No. 75/2026, if any, was directed to continue operating until the next date of listing. The order was signed by Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical).
Topics: NCLAT Proceedings, Corporate Litigation, Hearing Adjournment