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. Learned counsel for the appellant, Mr. Abhijeet Sinha (Senior Advocate), along with Mr. Dushyant Manocha, Ms. Doel Bose, Mr. Muluk Arya, and Mr. Aridaman R., presented arguments at length. The appellant's arguments are almost concluded, except for references to certain judgments. Counsel for the respondents included Mr. Aditya Mukherjee, Mr. Krishna Tangiraca, and Mr. Chaitanya Gupta for Respondent-4, and Mr. Samar Bansal (Senior Advocate) with Ms. Suriti Chowdhary, Ms. Anshika Saxena, Ms. Arvshi, and Ms. Tanya Sharma for Respondent-1.
Final Outcome
The tribunal adjourned the hearing. By mutual agreement of all parties' counsel, the matter will be taken up again on 05.08.2026 at 2:00 P.M., after the Chennai Bench matters, and will be listed in the supplementary cause list for continuous hearing. The bench comprised Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical).
Topics: NCLAT Proceeding, Corporate Legal Dispute, Hearing Adjournment