Case Details
Case Name: Anurag Chandra vs. Affinity Beauty Salon Pvt. Ltd.
Court/Authority: National Company Law Tribunal, New Delhi Principal Bench
Case Number: Item No. 110 (IB) - 786(PB)/2018
Appeal Number: Appeal (IBC) -22/2021
Additional Applications: IA-2596/2023, A-4616/2023, IA-4421/2025
Order Date: May 20, 2026
Parties Involved
Petitioner: Anurag Chandra
Respondent: Affinity Beauty Salon Pvt. Ltd.
Legal Representatives:
- For Appellant: Aayushi Jain, Advocate; Ms. Ayushi Kasliwal, Advocate in Appeal (IBC)
- For Liquidator: Mr. Pratyush Bhattacharya, Advocate
Liquidator: Mr. Rohit Sehgal (mentioned in previous order)
Tribunal Members:
- Justice Anupinder Singh Grewal, Hon'ble President
- Shri Ravindra Chaturvedi, Hon'ble Member (Technical)
Issues / Allegations / Violations
The case involves insolvency proceedings under Section 7 of the Insolvency & Bankruptcy Code, 2016 against Affinity Beauty Salon Pvt. Ltd. The specific nature of the financial default or violation is not detailed in this procedural order.
Findings & Observations
The Tribunal noted that with the efflux of time, the order dated January 25, 2023 had already been given effect to. The January 2023 order had directed the Liquidator Mr. Rohit Sehgal to appear in person as he had not appeared in person or through VC or through an authorized representative during previous hearings.
Penalties / Settlements / Directions
- Application IA-2596/2023 (seeking modification of order dated 25.01.2023) stands disposed of as the original order has been given effect to
- The main appeal (Appeal IBC -22/2021) and connected applications (A-4616/2023 and IA-4421/2025) have been adjourned to July 22, 2026
- No monetary penalties or settlements were addressed in this specific order
Final Ruling & Enforcement
The Tribunal disposed of the modification application and adjourned the main matter to July 22, 2026 for further hearing of all pending applications.