Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: August 5, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1411 of 2026, an insolvency appeal filed by Sunstar Home Appliances Pvt. Ltd. (formerly known as Sunstar Industries) against Syska LED Lights Pvt. Ltd. and Others. The matter concerns an impugned order from a lower tribunal that is being appealed. During the hearing, counsel for Respondent No. 1 (Syska LED Lights) requested an adjournment, stating they had received email notice of the appeal only the previous night and were unprepared. This claim was contested by counsel for the appellant (Sunstar), who asserted that Respondent No. 1 had been served notice at 2:00 PM the previous day.
Final Outcome
The NCLAT bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical), granted the adjournment request. The appeal was rescheduled to be listed on August 11, 2026. Counsel for Respondent No. 1 provided an undertaking that Syska LED Lights would not take any action based on the impugned order until the next hearing date.
Topics: Insolvency Appeal, Adjournment, Corporate Legal Dispute