International Ferrite Ltd Case Dismissed for Default

Authority: National Company Law Tribunal (NCLT)

Order Date: 09 October 2026

Case Overview

• Parties: Dipak Pramanik (plaintiff) vs International Ferrite Limited & Ors (defendant) in matter MAT 664 of 2018.
• Nature of Proceeding: Corporate dispute pending before the NCLT, listed on the Warning List, with the appellant having received notice of the hearing.
• Procedural History: The matter was previously adjourned on 6 October 2026 when either party remained unrepresented. No counsel appeared for either side on the current date, and no adjournment was requested.
• Observations by the Bench: The bench noted the non‑appearance of the appellant, the lack of any request for further adjournment, and the fact that the case was on the Warning List, indicating the seriousness of the default.
• Interim Orders: Any interim orders that may have been in place were declared vacated.

Final Outcome

• The case MAT 664 of 2018 is dismissed for default due to the appellant’s failure to appear.
• All interim orders, if any, stand vacated.

Topics: Company Law, Default Dismissal