NCLAT Remands Case: NCLT Must State Reasons for Denial of relief

Katariya Infraproject Pvt. Ltd. & Anr Vs Mukesh Kumar Jain (NCLAT Delhi) The National Company Law Appellate Tribunal (NCLAT), Delhi, remanded a matter concerning Katariya Infraproject Pvt. Ltd. back to the National Company Law Tribunal (NCLT), Ahmedabad, after determining that the NCLT failed to provide adequate reasons for not granting all the reliefs and concessions sought by the appellant. The appeal contested an NCLT order dated May 16, 2025, which disposed of the appellant’s application, I.A. No. 249 (Ahmedabad) 2025. While the NCLT’s order noted and granted some reliefs in pa...