NCLT Directs Rare ARC to File Reply in GIA Insolvency

Authority: National Company Law Tribunal, New Delhi Principal Bench (Single)

Order Date: October 9, 2026

Case Overview

This is an order in the matter of GIA Infrastructure Private Limited (Applicant) versus Rare Asset Reconstruction Limited (Respondent) under the Insolvency and Bankruptcy Code (IBC). The case bears item number 108 with case number TA (IBC)-43(PB)/2026. During the hybrid hearing (physical and video conference), the learned counsel for the respondent submitted that they had filed replies in all connected matters, but the specific reply for this case was not available on the record.

Final Outcome

The NCLT, presided by Justice Anupinder Singh Grewal, directed the respondent (Rare Asset Reconstruction Limited) to take steps to bring their reply on record within three days. The respondent was also instructed to provide a copy of the reply in advance to the applicant's counsel. The matter has been listed for the next hearing on October 16, 2026.

Topics: NCLT Proceedings, Insolvency Matter, Procedural Order