Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 09.09.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two connected appeals involving Precision Rubber Industries Pvt. Ltd. The first appeal (Comp. App. (AT) No. 198 of 2025) was filed by Diven Dembla against Precision Rubber Industries Pvt. Ltd. and Others (Respondents 1-12). The second appeal (Comp. App. (AT) No. 120 of 2026) was filed by Ghansham Dembla & Anr. against the same respondents. Multiple legal representatives appeared for the parties, including Senior Advocates Mr. Gaurav Mitra (for appellant Diven Dembla), Mr. Soli Woper (for Respondent 2), and Mr. Gaurishankar Sai (for Respondents 3-5), along with other advocates representing the various parties.
Final Outcome
The three-member bench comprising Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical) adjourned both appeals and listed them for the next hearing on October 7, 2026. The order was passed in hybrid mode.
Topics: Corporate Legal Dispute, NCLAT Proceedings