Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: September 16, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard an insolvency appeal filed by Ravindra Sapkal, the suspended Director of Kalyani Education Private Limited and Trustee of Kalyani Charitable Trust. The appeal is against Vinit Gangwal, the erstwhile Resolution Professional of Kalyani Education Private Limited, along with other respondents. The matter was presented before a bench comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical). Mr. Abhijeet Sinha, Senior Counsel, represented the appellant along with advocates Mr. Prateek Mishra, Mr. Indrajeet Hingane, and Mr. Sumit Singh Baghi. Appearance for the respondents was not marked at this stage.
Final Outcome
The tribunal found that the matter requires consideration and issued formal notice to all respondents. The appellant was directed to complete all necessary steps for serving notice within three working days from September 16, 2026. The case has been listed for further hearing on October 9, 2026, under the caption "After Notice". This is a procedural order that initiates the appellate process without making any substantive determinations on the merits of the case.
Topics: Insolvency Appeal, Corporate Legal Dispute, NCLAT Proceedings