NCLAT Grants Time Extension in Insolvency Appeal

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

Order Date: 21 July 2026

Case Overview

This is an insolvency appeal (Comp. App. (AT) (Ins.) No. 1152 of 2026) before the NCLAT Principal Bench. The appellant is the Committee of Creditors of International Mega Food Park Ltd., while the respondents are a Consortium of Ajay Yadav and Lata Yadav & Anr. The order addresses procedural matters regarding the filing of responses in the appeal.

Final Outcome

The NCLAT granted the respondents two weeks time to file their reply, with an advance copy to be provided to the appellant. The appellant was given the right to file a rejoinder within seven days after receiving the reply. The case has been listed for the next hearing on 11 August 2026, to be heard within the first five cases of the cause list.

Topics: Insolvency Appeal, NCLAT Procedure, Time Extension