Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 24th August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard arguments in Company Appeal (AT) (Ins) No. 1072 of 2026. The appeal has been filed by Vaibhav Mercantile Ltd. (the Appellant) against S. Kaliyammal (the Respondent). The specific matter heard on this date was Interlocutory Application No. 4211 of 2026, which pertains to the condonation of delay in filing the appeal. Counsel for the Appellant, Mr. Gokul Athithya R.P. and Ms. Anjali Agarwal, and counsel for the Respondent, Mr. G. Vairava Subramanian, presented their oral arguments on this application. The bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical), heard both sides.
Final Outcome
The tribunal has reserved its order on the delay condonation application (IA No. 4211/2026). The court has permitted the learned counsel for both parties to file written notes in support of their oral submissions by 25th August 2026. The case is now listed for 27th August 2026 for the pronouncement of the order on the delay condonation application. The final hearing of the main appeal is contingent upon the outcome of this delay condonation plea.
Topics: NCLAT, Delay Condonation, Corporate Litigation