Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 06/07/2026
Case Overview
This is an interlocutory application (IA/260(MP)2026) filed within a restoration application (Restoration Appl./3(MP)2026) in the main insolvency proceeding (CP(IB)/71(MP)2024) concerning Altius Digital Pvt Ltd. The applicant is the Resolution Professional (RP) of the company, Arun Kishanlal Bagaria. The matter was heard by a bench comprising Hon'ble Shri Brajendra Mani Tripathi, Member (Judicial) and Hon'ble Shri Man Mohan Gupta, Member (Technical).
During the hearing, the applicant's counsel raised a preliminary objection that the respondent's reply was not filed within the time granted by the Tribunal. The respondent's counsel countered by submitting that the applicant had not carried out a necessary amendment as per the order dated 04.05.2026. A key technical issue was highlighted: the respondent had not been added as a party on the DMS (Data Management System) portal, which prevented them from filing their reply on the portal.
Final Outcome
The Tribunal issued procedural directions to resolve the impasse. The applicant (Resolution Professional) is directed to take appropriate steps to implead the respondent as a party on the DMS portal within one week from the order date. Following this, the respondent is granted one week to file their reply on the portal, if not already done. Subsequently, the applicant is permitted to file a rejoinder to the reply, if any, within one week after receiving it. The matter has been adjourned and is next listed for hearing on 24th August 2026.
Topics: Insolvency Proceeding, NCLT Order