Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi

Order Date: 10.08.2026

Case Overview

This appeal, Company Appeal (AT) (Insolvency) No. 1287 of 2026, was filed by Vision Procon Pvt. Ltd. (Appellant) against an order dated 03.06.2026 from the National Company Law Tribunal (NCLT), Ahmedabad Bench. The impugned order had dismissed the Appellant's application, I.A. No.493 of 2026, which was filed within I.A. No.128 of 2019 in the main insolvency proceeding, C. P. No.46 of 2017, concerning Mekaster Engineering Ltd. The Respondent is Chandra Prakash Jain, the Liquidator of Mekaster Engineering Ltd.

The core of the Appellant's argument is that it never received notice for the original application (I.A. No.128 of 2019) because it had changed its registered office address on 01.03.2019. The service of notice for that application was effected based on the address available on the Ministry of Corporate Affairs (MCA) website. The Appellant's counsel presented Form INC-22 as evidence of the address change but could not specify the date it was filed with the registrar. A rent agreement dated 01.03.2019 was also presented, noting possession from that date, though it was notarized a week later on 08.03.2019.

A significant ancillary argument raised was that of potential mistaken identity. The Appellant contended that any financial transactions in question were conducted with an entity named 'Vision Procon', which it claims is a separate unit with no relation to the appellant company 'Vision Procon Pvt. Ltd.'.

Final Outcome

The NCLAT Bench, comprising Justice Yogesh Khanna and Members Barun Mitra and Ajai Das Mehrotra, admitted the appeal for hearing. It issued formal notice to the Respondent Liquidator. The Appellant was given three days to file requisites and process fee. The Respondent is required to file a reply within three weeks from the order date (10.08.2026), and the Appellant may file a rejoinder within two weeks after that. The appeal has been listed for its next hearing on 09.10.2026.

Topics: NCLAT, Insolvency Proceeding, Service of Notice