Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: October 7, 2026
Case Overview
This is an order in Company Appeal (AT) (Ins) No. 1568 of 2026. The appellant is Santu Karar, and the respondents are Stemztech Industries Pvt. Ltd. & Anr. The matter is an insolvency-related appeal currently at the pleading stage.
Final Outcome
The NCLAT bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical), granted a one-week extension to the respondent (Stemztech Industries) as a final opportunity to file its reply. An advance copy of this reply must be provided to the appellant's counsel. The appellant is then given four days to file a rejoinder, if they wish to do so. The tribunal explicitly stated that no further time for the completion of pleadings would be granted to either party. The case has been listed for its next hearing on October 28, 2026.
Topics: Insolvency Appeal, NCLAT Procedure, Pleadings