# In the matter of Anuj Goyal vs. Umesh Kumar Singhal, IRP & Ors.

> NCLAT judgment dated 2026-03-24. Citation: TCN-2026-NCLAT-00099. The appeal was filed against an order dated 16.03.2026, concerning I.A. No.1080/ND/2026. The…

- **Court:** NCLAT
- **Order date:** 24 Mar 2026
- **Citation:** TCN-2026-NCLAT-00099
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/anuj-goyal-vs-umesh-kumar-singhal-irp-ors-83a85a1a

## Summary

### Background

The appeal was filed against an order dated 16.03.2026, concerning I.A. No.1080/ND/2026. The Appellant sought a refund of the Bank Guarantee and EMD, which was pending decision by the Adjudicating Authority.

## Facts

The appeal was filed against an order dated 16.03.2026.

The Appellant sought a refund of the Bank Guarantee and EMD.

The High Court had ordered that Respondent No.1 should not encash the Bank Guarantee until 17.03.2026, which was later extended to 24.03.2026.

I.A. No.1080/ND/2026 filed by the Appellant has been directed to be listed on 15.04.2026 and both the parties have been permitted to file their affidavit on maintainability of the application.

## Issues and analysis

### Issue 1: Whether the protection granted by the High Court …

**Ratio:** The court held that the protection granted by the High Court should continue until the

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**Reasoning:** The court considered the submission of the learned counsel for the Appellant and the

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**Interpretation:** The court interpreted the High Court's order as providing ongoing protection to

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**Application:** The court applied the principle of continuing protection to maintain the status

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## Parties

- **Judges:** Ashok Bh…; Barun M…
- **Appellants:** Anuj G…
- **Respondents:** Umesh Kumar…; Interim Resolution…
- **Advocates:** Mohit Cha…; Parash M…; +7 more

## Timeline

- **2026-03-16 — Order Da…**: Order against which the…
- **2026-03-17 — High Court Ord…**: Initial date until which the Bank…

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