Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 30 July 2026
Case Overview
This is an appeal (Comp. App. (AT) (Ins) No. 1376 of 2026) filed by the Appellant, Varsha, against the Respondents, Ritzy Chemicals Pvt. Ltd. and another unnamed party. The appeal was heard in a hybrid mode. The tribunal, after hearing the Learned Counsel for the Appellant, determined that the matter requires consideration. The specific application being heard alongside the appeal was I.A. No. 5341 of 2026, which contained a prayer for the grant of an interim stay.
Final Outcome
The tribunal admitted the appeal for consideration but deferred its decision on the prayer for an interim stay. Notices were issued to the Respondents (Ritzy Chemicals Pvt. Ltd. and Anr.) to be served by post and by hand. The Appellant was directed to complete the necessary steps and file requisites within three working days from July 30, 2026. The matter has been listed for its next hearing on 10 August 2026, when the request for an interim stay will be considered.
Topics: NCLAT, Corporate Litigation, Interim Relief