Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 08.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard three connected matters involving Vilas Transcore Ltd as the appellant. The cases include Company Appeal (AT) (Ins.) No. 1667 of 2024 (Vilas Transcore Ltd vs. Rakesh Kumar Tulsyan & Anr.), Company Appeal (AT) (Ins.) No. 1798 of 2024 (Vilas Transcore Ltd vs. Rakesh Kumar Tulsyan & Ors.), and Contempt Case (AT) No. 7 of 2025 in Company Appeal (AT) (Ins.) No. 1798 of 2024 (Vilas Transcore Ltd vs. Aesthetic Stampings & Laminations Ltd & Ors.). The appellant was represented by advocates Mr. Malak Bhatt, Mr. Rishabh Shah, and Ms. Sukanya Joshi in all matters. The respondents were not represented in the two main appeals, while in the contempt case, respondents were represented by advocates Ms. Honey Satpal, Mr. Aniruth Purusothaman, and Ms. Pooja Singh for R-3/SRA.
Final Outcome
The NCLAT bench comprising Justice Yogesh Khanna (Member Judicial) and Mr. Ajai Das Mehrotra (Member Technical) adjourned all three matters to 18th August 2025 at 2:00 PM. The interim order currently in effect was directed to continue in both main appeals (Company Appeal (AT) (Ins.) No. 1667 of 2024 and Company Appeal (AT) (Ins.) No. 1798 of 2024) until the next hearing date.
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