Case Details
Case Name: Sidfwandan Finance Ltd. (Formerly Jatalia Finance Company Ltd.) vs Adonia Systems Pvt. Ltd.
Court/Authority: National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi
Case Number: Company Appeal (AT) (Insolvency) No. 1336 of 2025
Order Date: 26 May 2026
Parties Involved
Appellant: Sidfwandan Finance Ltd. (Formerly Jatalia Finance Company Ltd.)
Respondent: Adonia Systems Pvt. Ltd.
Legal Representation:
- For Appellant: Mr. Bal Krishan Yadav, Advocate
- For Respondent: Mr. CS Sailendra Kumar Jha
Tribunal Members:
- Justice Ashok Bhushan (Chairperson)
- Barun Mitra (Member - Technical)
Final Ruling & Enforcement
The NCLAT heard the matter in hybrid mode on 26 May 2026. The learned counsel for the Appellant prayed for an adjournment. The Tribunal granted the adjournment and rescheduled the hearing for 27 July 2026. The order was signed by both tribunal members and processed by Archana/md.
No substantive findings, observations, penalties, or directions were issued in this order as it was purely procedural for scheduling purposes. The case remains pending before the NCLAT.