Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: September 22, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1783 of 2026, an appeal filed by Ichhaporetextile Park Ltd against Neha Bhasin, the Authorized Representative and Director of Primus Insolvency Resolution and Valuation Pvt. Ltd., who serves as the Resolution Professional for Girdhari International Pvt. Ltd. The appeal arises from insolvency proceedings under the Insolvency and Bankruptcy Code. The appellant was represented by Senior Advocate Mr. K. Datta along with a team of advocates, while the respondent was represented by Ms. Prachi Johri and other advocates.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Ajai Das Mehrotra (Member Technical) adjourned the appeal to September 24, 2026, based on a request made by the Learned Counsel for the Appellant. The case will be listed under the same caption on the next hearing date.
Topics: Insolvency Appeal, NCLAT Proceeding, Corporate Litigation