Case Name: Swati Sanghi vs. Sanghi Spinners Pvt Ltd Authorized Representative & Others
Court/Authority: Supreme Court of India, Civil Appellate Jurisdiction
Case No.: Civil Appeal No. 7960 of 2026
Date of Order: 26 May 2026
Related Proceedings: Stay of order under challenge before the National Company Law Appellate Tribunal (NCLAT), Chennai, in Company Appeal (AT) (CH) No. 73/2024
Parties Involved
Appellant: Swati Sanghi
Respondents: Sanghi Spinners Pvt Ltd (Authorized Representative) and others
Counsel for Appellant: Mr. Neeraj Kishan Kaul (Senior Counsel), Ms. Kheyali Singh, Mr. Rohit Jain, Ms. Latika Rungta Bajaj, Mr. Dhany S. Krishnan, Mr. Raghav Agrawal, Mr. Achal Mittal, Mr. Aslam Ahmed
Counsel for Respondents: Mr. Yogesh Jagia, Ms. Nitya Ahuja, Mr. Abhinav Agrawar (AOR)
Bench: Hon’ble Mr. Justice Dipankar Datta and Hon’ble Mr. Justice Satish Chandra Sharma
Issues / Allegations / Violations
The appellant sought a stay of the NCLAT order issued in Company Appeal (AT) (CH) No. 73/2024.
No specific substantive allegations or violations are detailed in the order; the dispute centers on the operative effect of the NCLAT order.
Findings & Observations
The Supreme Court stayed the effect and operation of the NCLAT order pending disposal of the appeal.
All contentions on the merits of the case are kept open.
Penalties / Settlements / Directions
Stay Direction: The NCLAT order is stayed until the appeal is disposed.
Time‑frame for NCLAT: The NCLAT is directed to decide the appeal within two months from the date of this order, subject to its convenience.
Hearing Requirement: NCLAT must grant an opportunity of hearing to all parties.
Interlocutory Applications: Any pending interlocutory applications, if any, are also disposed of.
Corrective Actions & Future Obligations
NCLAT must conduct a hearing for all parties and render a decision within the stipulated two‑month period.
The parties must continue to pursue the merits of the case, as the stay does not prejudice substantive claims.
Final Ruling & Enforcement
The appeal is disposed of on the terms outlined above.
The stay remains in effect until the NCLAT renders its decision.
The order is signed by Justices Dipankar Datta and Satish Chandra Sharma and digitally signed by the Registrar on 27 May 2026.
