Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 04.08.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) No. 198 of 2026, an appeal filed by Usar Commerce Technologies Pvt. Ltd. (Appellant) against Utsav Soi & Ors. (Respondents). The hearing took place in hybrid mode on 4th August 2026. The appellant's counsel, Mr. Abhijeet Sinha (Senior Advocate) along with other advocates, presented arguments at length, with their submissions nearly concluded except for references to certain judgments. Multiple advocates represented the respondents, including Mr. Aditya Mukherjee, Mr. Krishna Tangiraca, Mr. Chaitanya Gupta for Respondent-4, and Adv. Samar Bansal (Sr. Adv.) with other advocates for Respondent-1.
Final Outcome
The NCLAT bench comprising Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical) adjourned the matter to 5th August 2026 at 2:00 PM. The matter will be placed in the supplementary cause list after the Chennai Bench matters, as agreed by counsel for both parties to address the company appeal in continuity despite the bench being seized with other matters in the post-lunch session.
Topics: NCLAT Proceedings, Corporate Litigation, Hearing Adjournment