Case Details

Case Name: Alok Parasrampuria vs Asset Reconstruction Company (India) Ltd. & Anr.

Court/Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi

Case Number: Comp. App. (AT) (Ins) No. 1561 of 2025

Order Date: 25 May 2026

Parties Involved

Appellant(s): Alok Parasrampuria

Respondent(s): Asset Reconstruction Company (India) Ltd. & Anr.

Legal Representation for Appellant: Ms. Purti Gupta, Ms. Henna George, Ms. Sunidhi Sah, Ms. Khushi Sharma, Advocates

Tribunal Members: Justice Ashok Bhushan (Chairperson), Barun Mitra (Member Technical)

Final Ruling & Enforcement

The National Company Law Appellate Tribunal issued a procedural order listing the appeal for the next hearing on 17 July 2026. The order was passed in hybrid mode and contains no substantive findings, observations, penalties, or directions at this stage. The matter remains pending before the tribunal.