Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 03.09.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard Comp. App. (AT) (Ins) No. 1642 of 2026, an insolvency appeal filed by Uniexcel Ltd as appellant against respondents Ajit Kumar Gupta & Anr. The appeal was heard in hybrid mode with legal representation from both sides: Mr. Vivek Sood (Senior Advocate) with Mr. Rachit Batra for the appellant, and Mr. Mohit Nandwani, Mr. Om Gulati, Ms. Aditi Yadav, and Ms. Aakasnha Mehta for the first respondent.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical) adjourned the hearing due to time constraints. The appeal was relisted for hearing on September 8, 2026, under the same caption. No substantive hearing or decision on merits occurred during this session.
Topics: NCLAT Proceedings, Corporate Insolvency