NCLAT Delhi Admits Exclusive Capital Appeal, Holds NCLT Decisions Subject to Appeal & SC Orders

Exclusive Capital Ltd. & Ors Vs Kanta Agarwala & Anr (NCLAT Delhi) National Company Law Appellate Tribunal (NCLAT) in Delhi has admitted an appeal filed by Exclusive Capital Ltd. & Ors. challenging an order of the National Company Law Tribunal (NCLT), emphasizing that any future decisions by the NCLT in a contentious application will remain subject to the final outcome of the NCLAT appeal and relevant Supreme Court orders. The NCLAT’s decision follows an urgent request for preponement of the hearing, driven by the appellants’ apprehension of adverse orders from the NCLT...