Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 09.10.2026
Case Overview
This is an order from the hearing of Company Appeal (AT) No. 372 of 2026. The appellants are Nex Fitzap Pvt. Ltd. & Others, who have filed an appeal against the sole respondent, Nivedita Tiwari. The matter was heard in hybrid mode. Learned senior counsel Mr. Sanjiv, along with other advocates, represented the appellants. The respondents were represented by learned senior counsel Mr. Gaurav Mitra and Mr. Siddhant Jaiwala. The tribunal noted that the respondent is already represented on record.
The principal development from this hearing is that the tribunal has reserved its orders on a stay application filed in this appeal. Concurrently, the respondent, Nivedita Tiwari, has been granted a period of three weeks from the date of the order to file her counter affidavit in response to the appeal.
Final Outcome
The final ruling on the stay application is reserved. The outcome of that application remains pending until the tribunal delivers its reserved order. The respondent must file her counter affidavit within the stipulated three-week timeframe.
Topics: Corporate Litigation, NCLAT Procedure