Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 21 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard Company Appeal (AT) (Insolvency) No. 1783 of 2026 between Ichhaporetextile Park Ltd. (Appellant) and Neha Bhasin, Authorized Representative and Director of Primus Insolvency Resolution and Valuation Pvt. Ltd., who serves as the Resolution Professional for Girdhari International Pvt. Ltd. (Respondents). The appeal relates to insolvency proceedings concerning Girdhari International Pvt. Ltd. The matter was presented before a bench consisting of Justice Mohammad Faiz Alam Khan (Member - Judicial) and Arun Baroka (Member - Technical). Mr. Krishnendu Datta, Senior Advocate, represented the Appellant, while Ms. Prachi Jain, Mr. Sachin Jain, and Mr. Himanshu Sharma represented the Respondents.
Final Outcome
The NCLAT adjourned the hearing to the next day, 22 September 2026. The Tribunal granted permission to the Appellant, Ichhaporetextile Park Ltd., to file an application to bring additional documentary evidence on record, as requested by their counsel. The order was passed in hybrid mode.
Topics: Insolvency Proceedings, Legal Appeal