Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 29 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard Comp. App. (AT) No. 54 of 2026, an appeal filed by Sanjit Instruments Private Limited & Others (Appellants) against Arvind Jagannath Bagul (Respondent). The hearing was conducted in hybrid mode with legal representation from both sides. For the Appellants, representation included Mr. Sandeep Bajaj, Ms. Vandana Sehgal, Adv. Vikas Soni, Mr. Mayank Biyani, and Ms. Tanishka Kapoor. For the Respondent, representation included Adv. Ramdas Rajguroo and Adv. Aishwarya Rajput. The bench comprised Justice Sharad Kumar Sharma (Member - Judicial), Arun Baroka (Member - Technical), and Indevar Pandey (Member - Technical).
Arguments from both parties were concluded during this hearing. The Tribunal directed the learned counsel for both parties to supply their written submissions within one week. They were specifically instructed to include judgments on which they intend to rely and to mark the specific paragraphs within those judgments that they want the Tribunal to reference.
Final Outcome
The Tribunal reserved its judgment. The final ruling will be delivered at a later date after reviewing the written submissions and cited case law from both parties.
Topics: NCLAT Proceeding, Corporate Legal Dispute, Judgment Reservation