NCLAT Reserves Order on Aidem Ventures Appeals

Case Details

• Case Name: Comp. App. (AT) (Ins) No. 782 of 2026, Comp. App. (AT) (Ins) No. 783 of 2026, and Comp. App. (AT) (Ins) No. 784 of 2026
• Court/Authority: National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi
• Date of Hearing/Order: 21.05.2026
• Nature of Case: Interconnected Insolvency Appeals

Parties Involved

Appellant (in all three appeals):

• Aidem Ventures Pvt. Ltd.
• Legal Counsel for Appellant: Mr. Kunal Tandon, Sr. Adv. along with Mr. Deepak Joshi, Mr. Rudra Pratap & Ms. Natasha Singh.

Respondents:

• In Comp. App. (AT) (Ins) No. 782 of 2026: Skyline Radio Network Ltd.
• In Comp. App. (AT) (Ins) No. 784 of 2026: News 24 Broadcast India Ltd.
• Legal Counsel for Respondents: Mr. P. Nagesh, Sr. Adv. along with Mr. Shaurya Aditya, Mr. Deepak Shukla, Mr. Alok Singh, Ms. Radhika Choubey & Ms. Geetu Bishnoi.

Tribunal Members:

• Justice Mohammad Faiz Alam Khan, Member (Judicial)
• Mr. Naresh Salecha, Member (Technical)

Final Ruling & Enforcement

The hearing on the issue of admission and maintainability of the three appeals concluded on 21.05.2026. The order has been reserved by the bench. No final ruling, findings, penalties, or directions have been issued at this stage. The outcome of the appeals is pending the pronouncement of the reserved order.