Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 05.10.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1065 of 2026 along with I.A. No. 4195 and 4196 of 2026. The appellants are Mehulkumar Arvindbhai Patel & Others, while the respondent is Vikash Jain in his capacity as the Liquidator of MAP Refoils India Ltd. The proceeding involves an appeal against orders or actions related to the liquidation process of MAP Refoils India Ltd.
During the hearing, the appellants' counsel, Ms. Aditi Avashia, appeared and submitted that an additional affidavit had already been filed. The liquidator's counsel, Mr. Monaal Davawala, raised an objection by drawing the Tribunal's attention to the order dated 21.08.2026, stating that the additional affidavit allegedly filed by the appellant was not on record. The liquidator further objected that while the order dated 24.06.2026 had granted permission to file copies of orders passed by the Learned Adjudicating Authority, the appellant had filed additional documentary evidence beyond the permitted scope.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) directed the liquidator to file an objection/response to the additional affidavit filed by the appellant. The appeal was adjourned and listed for next hearing on 06.11.2026.
Topics: NCLAT Proceeding, Liquidation Process, Procedural Hearing