NCLAT Principal Bench rejects interim relief application by Sparsh Hospital directors challenging NCLT order appointing an administrator.
Tribunal upholds prima facie findings of oppression and mismanagement, citing financial irregularities and Ayushman Bharat scheme violations.
Court replaces original administrator due to conflict of interest, appoints Dr. Prabhat Pandey as new administrator with ₹2.5 lakh monthly fee.
Appeal admitted for final hearing on 18 November 2026, with respondents given three weeks to file counter affidavit.