Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: October 8, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi was hearing two connected appeals: Comp. App. (AT) No. 198 of 2025 with I.A. Nos. 2412, 2413, 2414, 5235 of 2026 filed by appellant Diven Dembla, and Comp. App. (AT) No. 120 of 2026 with I.A. No. 2432 of 2026 filed by appellants Ghansham Dembla & Anr. Both appeals are against Precision Rubber Industries Pvt. Ltd. & Ors. as respondents. Multiple legal representatives appeared for various parties including senior advocates Mr. Gaurav Mitra for the appellant in the first appeal and Mr. Soli Cooper for respondents in the second appeal.
Final Outcome
The tribunal adjourned the matter due to paucity of time, stating that the appeals could not be taken up for hearing on October 8, 2026. The cases have been rescheduled for the next hearing on November 4, 2026.
Topics: NCLAT Proceedings, Corporate Litigation