Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: October 5, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) No. 262 of 2026, an appeal filed by Sunil Chintaman Kand against C.V. Kand Consultants Pvt. Ltd. and Others. The appeal was taken up for hearing specifically on the plea for issuance of interim directions. Notices were issued to all respondents on July 14, 2026, and despite being served, no replies had been filed either to the stay application or to the main appeal by the hearing date of October 5, 2026.
During the hearing, Learned Counsel for Respondent No. 2, Shri Prakhar Tandon, requested permission to appear physically before the Tribunal for arguing the case. Multiple counsel for respondents (Shri Prakhar Tandon for R-2, Shri Avinash Khanolkar for R-4 & R-5, and Shri Karan Thackeray for R-6) collectively requested a two-day extension to file their replies.
Final Outcome
The Tribunal, comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical), granted a final opportunity of three days from the order date (October 5, 2026) for all respondents to file their replies to the stay application. The respondents were directed to provide advance copies of their replies to the appellant's counsel. The case was adjourned and listed for the next hearing on October 9, 2026, as the first case on the board.
Topics: Corporate Litigation, NCLAT Proceedings