Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: September 1, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1560 of 2026, an appeal filed by Vardhman Parivar Association (Appellant) against Ducturus Resolution Professional Pvt. Ltd. & Anr. (Respondents). The tribunal heard learned counsel for the appellant and perused the record, determining that the matter requires consideration. The appeal appears to relate to insolvency proceedings given the case numbering convention (Ins).
Final Outcome
The NCLAT issued procedural directions for the continuation of the appeal. Notice was accepted on behalf of Respondent No. 1 by Mr. Abhirup Das Gupta and for Respondent No. 2 by Mr. Pranjit Bhattacharya. The respondents were granted two weeks time to file their reply, with an advance copy to be provided to the appellant. The appellant may then file a rejoinder within one week after receiving the reply. The case has been listed for the next hearing on September 30, 2026, under the caption 'For Admission (After Notice)'.
The bench comprised Justice Mohammad Faiz Alam Khan (Member-Judicial) and Mr. Naresh Salecha (Member-Technical).
Topics: NCLAT Appeal, Insolvency Proceeding, Corporate Litigation