Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 10th August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 972 of 2026 involving Religare Finvest Ltd. as the Appellant versus Durga Das Agrawal (Resolution Professional for MKMG Jewels Developers Pvt. Ltd.) and Others as Respondents. The appeal relates to insolvency proceedings concerning MKMG Jewels Developers Pvt. Ltd. Legal representation was present for both parties: Mr. Arvind Jadon, Advocate for the Appellant (Religare Finvest Ltd.), and multiple advocates representing the Respondents including Mr. Shivam Gautam, Mr. Aakash, Mr. Raghav Marwaha, and Mr. Ninad Bohidar for the Resolution Professional, as well as Mr. Anuj Tiwari, Mr. Vaibhav Vats, and Mr. Sameer Mishra for Respondent-17.
Final Outcome
The NCLAT bench comprising Officiating Chairperson Justice Yogesh Khanna and Members Barun Mitra and Ajai Das Mehrotra ordered the adjournment of the appeal. The matter has been listed for next hearing on 24th September 2026.
Topics: Insolvency Appeal, NCLAT Proceedings, Corporate Litigation