Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 30 June 2026
Case Overview
This is an order in Company Appeal (AT) (Ins) No. 2038 of 2025. The appellant is Dipakkumar Ramdas Shinde, the Suspended Director of Proto D Industries Pvt. Ltd. The respondents are Rexel India Pvt. Ltd. (Respondent No. 1) and another party, which includes the Resolution Professional (Respondent No. 2). The tribunal noted that the appellant had filed a rejoinder to the reply submitted by Respondent No. 1. The counsel for the Resolution Professional (Respondent No. 2) had previously submitted on 20 May 2026 that, given the nature of the dispute, they would not be filing a reply. The tribunal observed that the pleadings in this insolvency appeal now appear to be complete.
Final Outcome
The NCLAT has listed the case for its next hearing on 20 July 2026.
Topics: Insolvency Appeal, NCLAT, Corporate Litigation