Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi

Order Date: 07 September 2026

Case Overview

This appeal (Comp. App. (AT) (Ins) No. 1511 of 2026) was filed by Genus Power Infrastructures Ltd. (Appellant) against an order concerning Jaipur Metals & Electricals Ltd. The Respondent is represented by the Resolution Professional of Jaipur Metals & Electricals Ltd.

The proceeding involves a procedural hearing regarding the admission of the appeal. The Appellant sought to take on record a judgment passed by the Regular Bench on 19.06.2026, following an opinion from a referred Hon'ble Member. The Respondent raised a preliminary objection that the appeal was barred by limitation, arguing it was filed beyond the 45-day period against the order dated 09.06.2026. The Respondent contended that the subsequent amendment application filed by the Appellant on 01.09.2026 would be beyond the permissible time.

The Appellant countered that the appeal was filed within time considering both the orders dated 09.06.2026 and 19.06.2026. The Tribunal perused the office report, which confirmed the appeal was e-filed on 08.07.2026 against the impugned order dated 09.06.2026. The office calculated that excluding the first day, the appeal was filed within thirty days, and thus reported no delay.

The Tribunal considered the amendment application (IA No. 6337 of 2026) a separate matter to be decided on its own merits after hearing both parties and not a factor affecting the appeal's limitation.

Final Outcome

The Tribunal allowed the application (IA No. 6273 of 2026) to take the order dated 19.06.2026 on record. It overruled the Respondent's objection on the limitation of the main appeal, holding it appears to have been filed within time and requires consideration. The Respondent was granted two weeks to file a reply to the appeal, the interim stay application (IA No. 5807 of 2026), and the amendment application (IA No. 6337 of 2026). The Appellant was granted one week thereafter to file a rejoinder. The matter is listed next for admission hearing on 12 October 2026.

Topics: Insolvency, Legal Proceedings