Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 30 June 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 2038 of 2025, an appeal filed by Dipakkumar Ramdas Shinde, Suspended Director of Proto D Industries Pvt. Ltd., against Rexel India Pvt. Ltd. and another respondent. The tribunal noted that the appellant has filed a rejoinder to the reply submitted by Respondent No. 1 (Rexel India Pvt. Ltd.), with a hard copy available on record. The Interim Resolution Professional (Respondent No. 2) had previously stated on 20 May 2026 that they would not file any reply in the matter, considering the nature of the dispute.
Final Outcome
The NCLAT determined that pleadings in the appeal have been completed and accordingly listed the matter for the next hearing on 20 July 2026.
Topics: Insolvency Appeal, Corporate Litigation, NCLAT Proceedings