Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: The order was reserved on 07.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi has reserved its order in Company Appeal (AT) No. 125 of 2021. The appeal was filed by Vivid Solutions Pvt. Ltd. & Ors. (Appellants) against Mukesh Jain & Ors. (Respondents). The bench, comprising Justice Yogesh Khanna (Member - Judicial) and Mr. Ajai Das Mehrotra (Member - Technical), heard the matter in hybrid mode. The legal representation for the Appellants was led by Ms. Eshna Kumar, Mr. Jitendralal Gorane, and Mr. Anand Dilip Landge. The Respondents were represented by Mr. Vinit Trehan, Ms. Bhumi Agarwal, Mr. Yash Srivastava, and Ms. Urvi Syal, with Mr. Dileep Poolakkot and Mr. Muhammed Siddik representing Respondent-4 specifically.
Final Outcome
The final order has been reserved. The tribunal has granted the Respondents a period of three days from the date of the hearing to file a written submission, which is limited to a maximum of three pages. The final ruling is pending and will be delivered at a later date.
Topics: NCLAT, Corporate Litigation, Legal Proceedings