Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi

Order Date: 18 September 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1543 of 2026, an insolvency appeal between K B Board Mills LLP (Appellant) represented through its Designated Partner Dinesh Bhagchandji Koch and Jainam Exports Pvt. Ltd. (also referred to as Shree Jainam Exports Pvt. Ltd.) as the Sole Respondent. The matter was presented in hybrid mode with representation by advocates Mr. Amit R Agrawal for the Appellant and Mr. Amit Verma for the Respondent.

The proceedings concerned scheduling and procedural directions for the insolvency appeal. The respondent's counsel acknowledged receipt of notice and requested time to file a formal reply to the appeal.

Final Outcome

The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical) granted the respondent two weeks' time to file their reply, with an advance copy to be provided to the appellant's counsel. The appellant was granted one week thereafter to file a rejoinder if desired. The tribunal specifically directed the appellant to immediately provide the copy of the memo of appeal along with all enclosures to the respondent's counsel. The case was listed for next hearing on 26 October 2026.

Topics: Insolvency Appeal, NCLAT Procedure, Corporate Litigation