Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: September 15, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 1411 of 2026 between Sunstar Home Appliances Pvt. Ltd. (formerly known as Sunstar Industries) as the appellant and Ritu Rastogi, Resolution Professional of Syska LED Lights Pvt. Ltd. & Others as respondents. The appeal relates to insolvency proceedings concerning Syska LED Lights Pvt. Ltd. The hearing was conducted in hybrid mode with legal representation from both parties: Mr. Anirban Bhattacharya and Mr. Prayag Jain represented the appellant, while Mr. Harshit Khare, Mr. Ayuj Agrawal, Mr. Bijesh Gupta, and Mr. Suraj Anand represented the respondents.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical) adjourned the appeal to September 21, 2026. The adjournment was granted based on a request made by the learned counsel for Respondent No. 1 (Ritu Rastogi). The statement given by the respondent's counsel shall continue until the next date of listing. The matter remains pending before the tribunal.
Topics: Insolvency Appeal, Corporate Litigation, NCLAT Proceeding