Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi

Order Date: October 6, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard Comp. App. (AT) (Ins) No. 1969 of 2024 along with I.A. Nos. 7343 and 7345 of 2024. The appeal involves RKG Polyplast Pvt. Ltd. as the appellant challenging Paragon Cable Industries Pvt. Ltd. as the respondent. The appellant was represented by multiple advocates including Mr. J. Rajesh, Ms. Arsalan Ahmed, Mr. Jaitegan Singh, Mr. Yashwardhan Aggarwal, and Mr. Ali abbas Masoodi. The respondent's appearance was not marked on record.

Final Outcome

The bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Mr. Naresh Salecha (Member Technical) noted that no time was left for hearing the matter. The tribunal accordingly adjourned the case and listed it for the next hearing on November 25, 2026. The order was passed in hybrid mode.

Topics: NCLAT Proceedings, Corporate Insolvency, Adjournment