NCLAT Reserves Judgement in Nayan Shah vs Cheers Interactive Appeal

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

Order Date: 06 August 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard Company Appeal (AT) No.122/2026 between appellant Nayan Shah & Anr and respondent Cheers Interactive (India) Pvt & Ors. The appeal represents ongoing legal proceedings between the parties. Multiple senior advocates represented both sides: Mr Ramji Srinivasan, Mr Sumant Batra, and others for the appellant; Mr Arun Kathpalia for Respondent 2; Mr Krishnendu Datta for Respondent 3; and Mr Gaurav Mitra for Respondent 1 (Cheers Interactive). Arguments were concluded during the hearing conducted in hybrid mode.

Final Outcome

The NCLAT bench comprising Justice Yogesh Khanna (Member Judicial) and Mr. Ajai Das Mehrotra (Member Technical) reserved judgement in the case. The interim order currently in place will continue until the pronouncement of the final judgement. Parties were granted permission to submit written submissions not exceeding three pages within one week from the order date (by 13 August 2026).

Topics: NCLAT Proceeding, Corporate Appeal, Legal Judgement