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

Order Date: 10th August 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard Company Appeal (AT) (Insolvency) No. 972 of 2026. The appellant is Religare Finvest Ltd. The respondents include Durga Das Agrawal (in his capacity as Resolution Professional) and MKMG Jewels Developers Pvt. Ltd. along with other parties. The nature of the proceedings is an insolvency appeal. The legal representation for the appellant was Mr. Arvind Jadon, Advocate. For the respondents, Mr. Shivam Gautam, Mr. Aakash, Mr. Raghav Marwaha, and Mr. Ninad Bohidar represented the Resolution Professional, while Mr. Anuj Tiwari, Mr. Vaibhav Vats, and Mr. Sameer Mishra represented Respondent-17. The order was passed by a bench consisting of Officiating Chairperson Justice Yogesh Khanna and Members (Technical) Barun Mitra and Ajai Das Mehrotra.

Final Outcome

The NCLAT bench ordered that the appeal be listed again for hearing on 24th September 2026. No other substantive orders, observations, or rulings were issued in this particular hearing. The matter was simply adjourned to the future date.

Topics: Insolvency, Legal Proceedings