Tribunals and CommissionsDivision Bench(2026) 05 NCLT CK 2776

M/s. Seth Thakurdas Khinvraj Rathi vs M/s. Cals Refineries Ltd.

National Company Law Tribunal, New Delhi · Decided on 8 May 2026

HON’BLE JUDGES
Ashok Kumar Bhardwaj, Member (J) · Atul Chaturvedi, Member (T)
CASE NUMBER
IB-447/ND/2017; New IA-2021/ND/2026

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Judgment

3 paragraphs · 106 words

ORDER

IA-2021/ND/2026: On 22.04.2026 we passed the following order:

Exhibit reproduced from the original judgment
Exhibit reproduced from the original judgment

Ld. Counsel for the Applicant who was appointed as a Liquidator in terms of the order dated 22.04.2026 submitted that the RP who was appointed as Liquidator has lot of other commitments as Chartered Accountant and is not in a position to take up the assignment to act as a Liquidator in the present matter. In view of the plea raised in the application, we discharge the Applicant from his responsibility as a Liquidator and appoint Mr. Shamsher Bahadur Singh (IBBI/IPA-003/0341/2021-2022/13623) and E-mail ID shamsher_cs@yahoo.co.in as Liquidator from the panel made available to this Bench by IBBI.