Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 17 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard a procedural matter in Comp. App. (AT) (Ins) No. 1274 of 2026 between Multimet Techfab Pvt. Ltd. (Appellant) and Arvind Gudana, Liquidator of Reagent Granito India Ltd. (Respondent). The appeal involves insolvency proceedings concerning Reagent Granito India Ltd., with Arvind Gudana serving as the appointed liquidator. The matter was heard in hybrid mode with legal representation from both parties: Mr. Rishabh Parikh and Ms. Niyati Kohli for the appellant, and Mr. Karan Valecha and Mr. Aayush Rathore for the respondent.
Final Outcome
The tribunal granted the respondent's counsel 5 days from August 17, 2026 to file a hard copy of their reply, which they stated had already been filed online. The appellant's counsel confirmed they would not file any rejoinder to the respondent's reply but requested an early hearing. The case has been listed for hearing on September 3, 2026, within the first five cases of the cause list under the caption 'For Hearing'. The order was issued by Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical).
Topics: Insolvency Appeal, NCLAT Proceedings, Corporate Litigation