NCLAT Reserves Judgment in Mastana Foods Appeals

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

Order Date: 03.08.2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard multiple consolidated appeals challenging aspects of the corporate insolvency resolution process of Mastana Foods Pvt. Ltd. The appeals were filed by various parties including Amba Grains Pvt. Ltd. & Others (Comp. App. (AT) (Ins) No. 1114 of 2026 and 1118 of 2026), Anil Khurana (Comp. App. (AT) (Ins) No. 1169 of 2026 with I.A. No. 4467 of 2026), and Krishan Mohan Mendiratta (Comp. App. (AT) (Ins) No. 1194 of 2026 and 1198 of 2026). The respondents in these matters include Amit Agrawal, the Resolution Professional of Mastana Foods Pvt. Ltd., and other parties.

The appeals represent challenges to the insolvency resolution process of Mastana Foods Pvt. Ltd., a company in the food processing sector. The proceedings involve complex legal questions regarding the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016.

Final Outcome

The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) concluded hearing arguments from all parties and reserved judgment. The tribunal permitted learned counsel for the parties to file written submissions within seven days from August 3, 2026, with specific formatting requirements: submissions must not exceed 4-5 pages, use Times New Roman font with size 14, and may cite relevant case laws and judgment paragraphs.

Topics: Insolvency Proceedings, Legal Challenge, Corporate Resolution