Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 03.07.2026
Case Overview
This order pertains to two connected Company Appeals (Comp. App. (AT) (Ins) No. 345 of 2026 and Comp. App. (AT) (Ins) No. 403 of 2026) filed by Win Win Property Private Limited (Appellant) against Pankaj Ramandas Majithia, the Resolution Professional of E-Commerce Magnum Solution Limited, and another respondent. The order is a procedural update from the hearing held in hybrid mode.
Final Outcome
The Tribunal granted extensions for filing replies and rejoinders. Respondent No. 1 had filed a reply, and the Appellant was granted two weeks to file a rejoinder to it. Regarding Respondent No. 2 (referred to as SRA), the Tribunal noted that its claim of having filed a reply was not substantiated as it was not on the e-portal and the Appellant denied receiving it. The Tribunal provided a "last opportunity" for Respondent No. 2 to file its reply within one week from July 3, 2026. The Appellant was permitted to file a rejoinder to Respondent No. 2's reply within one week of receiving it. The hard copy of the reply filed by Respondent No. 1 was taken on record. The matter was listed for the next hearing on 24.07.2026.
Topics: Insolvency Appeal, NCLAT Procedure, Corporate Litigation