NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI

11.05.2026 Present: JUSTICE N. SESHASAYEE, MEMBER (JUDICIAL)

ARUN BAROKA, MEMBER (TECHNICAL)

Company Appeal (AT) (Ins) No.1407 of 2022 Sh. Sanjeev Kumar Arora …Appellant Vs

1. Deepak Thukral …Respondent No.1 2. M/s Lakshmi Precision Screws Limited …Respondent No.2 3. M/s Hind Tradex Limited …Respondent No.3 (Arising out of Order dated 21.10.2022 passed by the Adjudicating Authority (National Company Law Tribunal, Chandigarh Bench) in CA No. 69/2019 and in Company Petition No. IB 155/Chd/Hry/2018.)

For Appellant: Mr. Arun Saxena, Mr. Rahul Kr. Singh, Mr. Amit Verma, Advocates For Respondent: Mr. Vishal Bhatnagar and Mr. Veer Pratap Singh, Advocates for RP

JUDGEMENT

Per Justice N. Seshasayee, Member (Judicial)

This Appeal is preferred by the erstwhile statutory auditor of the CD challenging an Order passed in I.A. 69 of 2019 in CP (IB) No.155/Chd/Hry/2018 dated

21.10.2022, which the RP had taken out under Section 19, IBC, 2016.

2. The uncontroverted facts are:

a) On 27.02.2018, the appellant was appointed as the statutory auditor of the CD by its Board for the year 2017 – 2018. On 15.05.2018, the EOGM of the CD approved the app