Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 27 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi was hearing Company Appeal (AT) (Insolvency) No. 1969 of 2024 along with Interlocutory Applications No. 7343 and 7345 of 2024. The appeal was filed by RKG Polyplast Pvt. Ltd. (Appellant) against Paragon Cable Industries Pvt. Ltd. (Respondent). The appellant was represented by advocates Mr. J. Rajesh Md. Arsalan Ahmed, Mr. Yashwardhan Aggarwal, Mr. Jaitegan Singh, and Mr. Ali Abbas Masoodi. The appearance for the respondent, Paragon Cable Industries Pvt. Ltd., was not marked on the record. The hearing was conducted in hybrid mode.
Final Outcome
The bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical), adjourned the hearing due to lack of time. The appeal was listed for the next hearing on 27 August 2026. No substantive arguments were heard or orders passed on the merits of the case on this date.
Topics: NCLAT Proceeding, Adjournment, Insolvency Appeal