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

Order Date: 05.10.2026

Case Overview

The National Company Law Appellate Tribunal heard arguments on the admission of an appeal filed by Shobhit J. Rajan against ARCK Resolution Professionals LLP & Anr. The appeal was registered as CA (AT) (Ins) No. 1557 of 2026, with the current interlocutory application being I.A. No. 6978 of 2026.

Senior Counsel Mr. Abhinav Vasisht represented the appellant, Shobhit J. Rajan, and vehemently argued that his client had a very strong case on merits. Senior Counsel Mr. Krishnendu Datta represented Respondent No. 1 (ARCK Resolution Professionals LLP) and submitted that the case did not even warrant issuing notice. Mr. Bishwajit Dubey represented Respondent No. 2 (Committee of Creditors).

After hearing arguments from all parties on the issue of admission, the tribunal concluded arguments and reserved its judgment. The bench comprised Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical).

The tribunal permitted parties to file written submissions within five days from the hearing date (05.10.2026), with specific formatting requirements: not exceeding 3-4 pages, using Times New Roman font size 14, and including relevant citations with specific paragraph indications.

Final Outcome

Judgment has been reserved. The tribunal will deliver its decision on whether to admit the appeal at a later date, after considering the arguments presented and any written submissions filed by the parties.

Topics: NCLAT Proceeding, Insolvency Appeal, Judicial Hearing