Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 17 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi is hearing Company Appeal (AT) (Ins) No. 1160 of 2026. The appeal involves Sanjay Gupta, an Insolvency Professional, as the appellant challenging actions or decisions of the Insolvency and Bankruptcy Board of India (IBBI) as the respondent. The case was heard in hybrid mode with legal representation present for both parties. Mr. Gaurav Mitra, Mr. Jayesh, and Mr. Miraj Chanyal represented the appellant, while additional advocates Mr. Sahil Sethi, Mr. Samriddh Bindal, and Ms. Devika Tiwari represented the appellant in IA-4645/2025. The IBBI was represented by Senior Advocate Mr. Naveen Pahwa along with Ms. Amrita Singh, Mr. Prasang Sharma, Mr. Sanket Khandelwal, and Mr. Rafid Akhter. The bench consisted of Justice N Seshasayee (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical).
Final Outcome
The NCLAT adjourned the hearing and listed the appeal for the next hearing on July 24, 2026. No substantive decisions or rulings were made in this order, which served solely to schedule the next hearing date.
Topics: Insolvency Professional Dispute, Regulatory Appeal, NCLAT Proceeding