NCLAT Lists KRDA Insolvency Appeals for October

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

Order Date: August 18, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard two interconnected company appeals related to insolvency matters. Company Appeal (AT) (Ins) No. 2336 of 2024 involves Bhavik Bhimjyani as the appellant versus KRDA Insolvency Professional Pvt. Ltd. & Others as respondents. The connected appeal, Company Appeal (AT) (Ins) No. 49 of 2025, involves Mahendra Vishwanath Bhosale & Another as appellants versus Uday Vinodchandra Shah & Others as respondents. Advocate Udita Singh represented Respondent-1 in both appeals. The bench consisted of Justice Yogesh Khanna (Officiating Chairperson) and Mr. Ajai Das Mehrotra (Member - Technical).

Final Outcome

The NCLAT bench ordered that both appeals be listed for next hearing on October 1, 2026. The order was passed in hybrid mode, indicating a combination of physical and virtual hearing arrangements. No substantive decisions on the merits of the cases were made in this order, which solely addressed the scheduling of further proceedings.

Topics: Insolvency Proceedings, NCLAT Adjournment