Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: September 8, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi has issued a procedural order in Company Appeal (AT) (Ins) No. 1967 of 2025 along with I.A. No. 7831 of 2025. The appeal involves Genius Investofin Pvt. Ltd. as the appellant against Rajesh Jhunjhunwala & Others in his capacity as the Liquidator for Parasrampuria Synthetics Ltd. as respondents. The matter concerns insolvency proceedings related to Parasrampuria Synthetics Ltd. The order was issued in hybrid mode with legal representation present for both parties: Senior Advocate Mr. Abhijeet Sinha with a team of advocates representing the appellant, and Mr. Rajesh Jhunjhunwala appearing for himself as Respondent 1, with additional advocates representing Respondent 4.
Final Outcome
The tribunal has listed this appeal for the next hearing on November 2, 2026, at 2:00 PM. The interim order currently in effect is directed to continue until the next hearing date. The order was signed by Justice Yogesh Khanna (The Officiating Chairperson), Barun Mitra (Member Technical), and Ajai Das Mehrotra (Member Technical).
Topics: Insolvency Appeal, NCLAT Proceedings, Hearing Schedule