NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI Company Appeal (AT) (Insolvency) No. 251 of 2026 (Arising against the impugned order dated 27.11.2025 passed by the National Company Law Tribunal, Ahmedabad Bench in I.A. No. 47(AHM)/

2024 in Company Petition (IB) No. 38 of 2020].

IN THE MATTER OF:

SUMEET INDUSTRIES LIMITED Through its Resolution Professional, Mr. Satyendra Prasad Khorania, having registered office at 402, OK Plus, DP Metro Pillar No. 94, New Sanganer Road, Jaipur-302019 …Appellant Versus

1. DAKSHIN GUJARAT VIJ COMPANY LIMITED Through its Managing Director Having registered office at:

Urja Sadan, Nana Varachha Road, Kapodara Char Rasta, Surat-395006

2. Eagle Group Through Authorised Signatory …Respondent No.1 Mr. Radheshyam B. Jaju Office Address at:

201, Orleans, Sosyo Circle, Udhna Mangdalla Road, Surat, Gujarat- 395002 …Respondent No.2 Present:

For Appellant: Mr. Ajit Kumar Sinha, Sr. Advocate with Mr. Srijan Sinha, Mr. Himanshu Chaubey, Mr. Siddharth Garg, Ms. Lihzu Shiney Konyak, Ms. Nitya Prabhakar and Mr. Rishi Chouksey, Advocates.

For Respondent: Ms. Srishti Khindaria, Advocate for R1.

Adv. Saumitra Chaturvedi, Advocate for R2/SRA.

J U D G M E N T

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