Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: September 22, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 1791 of 2026 between SAB Events & Governance Now Media Ltd. (Appellant) and Efficax Resolution Professions Pvt. Ltd. & Others (Respondents). The appellant was represented by Senior Advocate Mr. Gaurav Mitra along with several other advocates. During deliberations, the tribunal identified that certain documents not previously filed were relevant for adjudicating the dispute. The case appears to involve matters related to advertisement publications in both physical and e-magazines.
Final Outcome
The NCLAT directed the Appellant (SAB Events & Governance Now Media Ltd.) to submit copies of other contracts entered with other parties for publication of advertisements in physical magazines and e-magazines. The tribunal also permitted the Appellant to submit rate lists on which invoices are made for advertisement publications in both physical and e-magazines. Notice was issued to the Respondents (Efficax Resolution Professionals Pvt. Ltd. & Others), with directions to complete service of notice including dasti (by hand) within two working days. The appeal has been adjourned and listed for next hearing on October 12, 2026.
Topics: NCLAT Proceedings, Insolvency Appeal, Document Submission