Authority: Supreme Court of India

Order Date: 03-08-2026

Case Overview

  • Parties: Appellant Vimal Kumar Mohanlal Jain (and others) vs Respondent Nakoda Logistics Private Limited and others.
  • The appeals arise from an order of adjournment issued by the National Company Law Appellate Tribunal (NCLAT) in multiple CAAT(I) cases dated 29‑04‑2026 and 19‑05‑2026 (CAAT(I) Nos. 709/2024, 710/2024, 711/2024, 729/2024, 730/2024, 731/2024).
  • The petitioners sought relief against the adjournment orders, filing IA No.211241/2026 for permission to appeal and IA No.211242/2026 for appropriate orders/directions.

Court Findings & Directions

  • IA No.211241/2026 is allowed, granting permission to file the appeal.
  • The civil appeals are dismissed as the Court finds no reason to interfere with the adjournment orders.
  • The Court directs the NCLAT to expedite the hearing of the pending company appeals related to the same matters.
  • Any pending applications, if any, shall stand disposed of.

Final Outcome

  • The appeals filed by Vimal Kumar Mohanlal Jain and co‑appellants are dismissed.
  • Permission to file the appeal is granted.
  • NCLAT is instructed to fast‑track the pending company appeals.
  • All pending applications are ordered to be disposed of.

Topics: Legal Dispute, Company Law