Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 06 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard two connected insolvency appeals involving JSM Devcons India Pvt Ltd. Both appeals (Company Appeal (AT) (Insolvency) No. 764 of 2026 and Company Appeal (AT) (Insolvency) No. 785 of 2026) were filed by Chhaya Gupta in her capacity as the Resolution Professional of JSM Devcons India Pvt Ltd. The first appeal (764/2026) is against respondents Awesh Gupta & Ors, while the second appeal (785/2026) is against respondents Pritesh Jain & Ors. The tribunal noted that although a rejoinder had been e-filed in the matter, a hard copy was not on the record.
Final Outcome
The NCLAT bench, comprising Justice Yogesh Khanna (Officiating Chairperson), Barun Mitra (Member Technical), and Ajai Das Mehrotra (Member Technical), directed that the hard copy of the rejoinder be filed within one week from the order date (by approximately 13 August 2026). Both appeals were listed for next hearing on 07 September 2026. The proceedings were conducted in hybrid mode.
Topics: Insolvency Appeals, NCLAT Proceedings, Corporate Litigation