NCLAT Reserves Order in Sumarrow Impex LLP Appeal

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

Order Date: 28.07.2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1231 of 2026 along with I.A. No. 4752 of 2026. The appeal was filed by Suhail Salim Sumar, identified as the Suspended Partner of Sumarrow Impex LLP, against respondents Drip Capital Inc & Anr. Mr. Manu Bansal, Advocate, appeared on behalf of the Appellant. No representation was noted for the Respondents. The Tribunal heard arguments and subsequently reserved its order on the matter.

Final Outcome

The NCLAT reserved its order and granted the Appellant's counsel permission to file written submissions within seven days from July 28, 2026. These submissions are strictly limited to three to four pages, must be in Times New Roman font with 14-point size, and must specifically cite any precedent paragraphs to be relied upon. The order explicitly states that any submissions filed after this seven-day deadline will not be entertained.

Topics: NCLAT Proceeding, Appellate Order, Legal Submissions