Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: July 9, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 1082 of 2024. The Appellant is Rare Assets Reconstruction Ltd. The Respondents are Amit Pareek, in his capacity as the Resolution Professional (RP) of National Plywood Industries Ltd., and another respondent. The nature of the underlying insolvency proceedings or the specific grounds for the appeal are not detailed in this procedural order. The bench comprised Justice N Seshasayee, Member (Judicial), and Arun Baroka, Member (Technical).
Final Outcome
The Tribunal did not address any substantive legal or factual issues pertaining to the appeal. The sole outcome of this hearing was a procedural direction to adjourn the matter. The Appeal is now listed for the next hearing on August 19, 2026.
Topics: Insolvency Appeal, NCLAT, Adjournment