Case Details
Case Name: National Stock Exchange of India Ltd. vs Consortium of Karishma Jain, Jupiter City Developers (I) Ltd, Adwaita Navigations Pvt. Ltd., SRA of XL Energy Ltd. & 4 Ors.
Court/Authority: National Company Law Appellate Tribunal at Chennai (Appellate Jurisdiction)
Case Number: Company Appeal (AT) (CH) (Ins) No. 285/2025 (IA Nos. 797 & 798/2025)
Order Date: June 5, 2026
Parties Involved
Appellant: National Stock Exchange of India Ltd.
Respondents:
- Consortium of Karishma Jain
- Jupiter City Developers (I) Ltd
- Adwaita Navigations Pvt. Ltd.
- SRA of XL Energy Ltd.
- 4 Other Respondents
Legal Representation:
- For Appellant: Mr. Anshit Aggarwal, Advocate (For Mr. Ishan Agrawal, Advocate)
- For Respondents: Mr. Kunal Kanungo, Advocate for R1; Mr. Mahesh Kumar, Advocate for R3; Mr. Amir Bavani, Advocate for R5
Tribunal Members:
- Justice Yogesh Khanna (Member - Judicial)
- Jatindranath Swain (Member - Technical)
Final Ruling & Enforcement
The National Company Law Appellate Tribunal at Chennai has adjourned the hearing of this appeal. The matter has been listed for the next hearing on July 2, 2026. No substantive findings, observations, penalties, or directions were issued in this order. The order simply schedules the next hearing date for the appeal proceedings.