Case Details
Case Name: Sidfwandan Finance Ltd. (Formerly Jatalia Finance Company Ltd.) vs Adonia Systems Pvt. Ltd.
Court/Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Case Number: Company Appeal (AT) (Insolvency) No. 1336 of 2025
Order Date: 07 May 2026
Next Hearing Date: 26 May 2026
Parties Involved
Appellant: Sidfwandan Finance Ltd. (Formerly Jatalia Finance Company Ltd.)
Respondent: Adonia Systems Pvt. Ltd.
Legal Representatives:
- For Appellant: Mr. Pradeep Kumar and Ms. Tashima Dubey, Advocates
- For Respondent: C.S. Shailendra Kumar Jha
Tribunal Members:
- Justice Ashok Bhushan (Chairperson)
- Barun Mitra (Member - Technical)
Procedural Update
The appeal was heard in hybrid mode on May 7, 2026. Learned counsel for the appellant submitted that they shall supply a fresh copy of the appeal to the counsel for the respondent within one week. The tribunal accordingly listed the appeal for next hearing on May 26, 2026.
This order represents a procedural update in an ongoing insolvency appeal matter before the NCLAT. The case involves a dispute between two corporate entities in the context of insolvency proceedings, though the specific nature of the underlying dispute or violations is not detailed in this particular order.