Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 24 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard an appeal filed by Ichhaporetextile Park Ltd. The appeal, registered as Company Appeal (AT) (Insolvency) No. 1783 of 2026, was against Neha Bhasin, the Authorized Representative and Director of Primus Insolvency Resolution and Valuation Pvt. Ltd., who was acting as the Resolution Professional for Girdhari International Pvt. Ltd. The hearing for the connected Interlocutory Application (I.A. No.6762 of 2026) was conducted in hybrid mode. Arguments from both parties were presented and concluded.
Final Outcome
The NCLAT bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Arun Baroka (Member-Technical), reserved its order. The counsels for the parties were granted permission to file written submissions, limited to 4-5 pages, within four working days from the order date.
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