Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 14 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard an interlocutory application (I.A. No. 5092 of 2026) within the main insolvency appeal (Comp. App. (AT) (Ins) No. 1089 of 2026). The appeal was filed by Yogesh Kasundra, the Suspended Director of Pithadai Construction Pvt. Ltd., against Mittal Construction Co. & Anr. The matter represents ongoing insolvency proceedings involving these construction companies.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) issued notice to the respondents (Mittal Construction Co. & Anr.). The appellant's counsel was directed to complete all necessary steps for service of notice along with process fee and requisites within five working days from the order date. The tribunal specifically directed that the Interim Resolution Professional (IRP) must remain present before the bench on the next hearing date, either personally or virtually. The matter has been listed for next hearing on 1 September 2026.
Topics: Insolvency Appeal, Corporate Litigation, NCLAT Proceedings