NCLAT Grants Yatayat Corp Reply Extension in Shrenik Appeal

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

Order Date: October 16, 2026

Case Overview

This is an interim procedural order in Comp. App. (AT) (Ins) No. 1497 of 2026. The appellant is Rishit Shrenik Vimawala, identified as the Suspended Director of Shrenik Limited. The respondents are Yatayat Corporation India Pvt. Ltd. (Respondent-1) and another unnamed party (Respondent-2). The matter appears to be an insolvency-related appeal proceeding before the NCLAT.

Final Outcome

The NCLAT bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Arun Baroka (Member-Technical), granted Respondent-1 (Yatayat Corporation India Pvt. Ltd.) a two-week extension to file their reply in the matter. The order contains a clear stipulation that no further time for filing the reply will be granted in the future. The case has been listed for the next hearing on October 29, 2026.

Topics: NCLAT Procedure, Corporate Insolvency, Legal Timeline Extension