Ms Sonal Sumit Mehta, representing the Successful Resolution Applicant, filed a recall application (IA No.5856/2026) before the National Company Law Appellate Tribunal (NCLAT). This application challenged an NCLAT order dated 17.07.2026, which had set aside a National Company Law Tribunal (NCLT) Mumbai order dated 01.06.2026. The NCLT order had directed Respondent No.1 to deposit a balance resolution amount with interest and excluded time for property vacation from the resolution plan's implementation period. The applicant for recall, Shri B.D. Agarwal (shareholder and personal guarantor of the Corporate Debtor, Krystal Stone Exports Limited), contended that the NCLAT order of 17.07.2026 was passed ex-parte and modified the approved resolution plan.

Ms Sonal Sumit Mehta, representing the Successful Resolution Applicant, filed a recall application (IA No.5856/2026) before the National Company Law Appellate Tribunal (NCLAT). This application challenged an NCLAT order dated 17.07.2026, which had set aside a National Company Law Tribunal (NCLT) Mumbai order dated 01.06.2026. The NCLT order had directed Respondent No.1 to deposit a balance resolution amount with interest and excluded time for property vacation from the resolution plan's implementation period. The applicant for recall, Shri B.D. Agarwal (shareholder and personal guarantor of the Corporate Debtor, Krystal Stone Exports Limited), contended that the NCLAT order of 17.07.2026 was passed ex-parte and modified the approved resolution plan.