Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 04.08.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench, comprising Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical), addressed a batch of nine Company Appeals filed by Shivam Traders and Hire Purchase Pvt. Ltd. as the appellant. The appeals are against various respondents including Madhusudan Motors Pvt. Ltd., Madhusudan Automobiles, Anurag Agarwal, Prachi Agarwal, Mukund Sales Pvt. Ltd., Nidhi Agarwal, Rachit Agarwal (HUF), and Renu Agarwal. All appeals except Company Appeal (AT) No. 114 of 2026 are accompanied by Interlocutory Applications (I.A.) seeking condonation of delay in filing the appeals. The respondents, represented by advocates Mr. Ravi Kapoor, Mr. Rishav A., Mr. Risabh Tiwari, Ms. A. Tyagi, and Ms. Aishwarya D., have entered appearance and accepted notice for the condonation of delay applications.
Final Outcome
The NCLAT bench granted the respondents a period of three weeks from August 4, 2026, to file their objections to the applications seeking condonation of delay. The bench listed all Company Appeals 'For Orders' specifically on the condonation of delay applications for hearing on September 9, 2026. The order did not address the substantive merits of any appeal, focusing solely on the procedural matter of delay condonation.
Topics: NCLAT Proceedings, Delay Condonation, Corporate Litigation