Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 21 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1411 of 2026, an appeal filed by Sunstar Home Appliances Pvt. Ltd. (formerly known as Sunstar Industries) against Ritu Rastogi (Resolution Professional of Syska LED) and others. The appeal appears to relate to insolvency proceedings involving Syska LED. The matter was heard in hybrid mode with legal representation from both sides: Ms. Madhavi Diwan, Senior Advocate with Mr. Anirban Bhattacharya, Mr. Prayag Jain for the appellant, and Mr. Harshit Khare, Mr. Prafful Saini, Mr. Ayuj Aggarwal, and Mr. Brijesh Gupta for respondent No. 1.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) adjourned the appeal to 1 October 2026 at 3:00 PM based on a request made by the appellant's counsel. The court ordered that the statement given by the learned counsel for respondent No. 1 shall continue to be in effect until the next date of listing.
Topics: Insolvency Appeal, Corporate Litigation, Adjournment