M/s. Jeel Kandla Service & Anr., post-CIRP creditors of Hindusthan Glass and Industries Limited (HNGIL), sought payment for transportation services. The NCLT ordered partial payment but disallowed interest, leading to an appeal by the appellants before the NCLAT. Concurrently, a resolution plan for HNGIL by Independent Sugar Corporation Limited (Respondent No. 4) was approved by the NCLT, which the appellants unsuccessfully challenged. Subsequently, Respondent No. 4 applied to the Regional Director to shift HNGIL's registered office from West Bengal to Mumbai. Despite pending appeals against the resolution plan before the NCLAT, the Regional Director allowed the shifting. The appellants challenged this decision via a writ petition, which a Single Judge dismissed,
…Hindusthan Glass and Industries Limited (HNGIL) went into Corporate Insolvency Resolution Process (CIRP) on October 21, 2021.
M/s. Jeel Kandla Service & Anr. (appellants) claimed to be post-CIRP creditors of HNGIL for transportation services.
The National Company Law Tribunal (NCLT) ordered payment of 75% of the appellants' dues but disallowed interest under Section 16 of the Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act).
The appellants preferred an appeal before the National Company Law Appellate Tribunal (NCLAT) regarding the disallowed interest.
Independent Sugar Corporation Limited (Respondent No. 4) submitted a resolution plan to revive HNGIL, which was approved by the NCLT on August 14, 2025.
…Sign in to view the parties.
Hindusthan Glass and Industries Limited (HNGIL)…
NCLT approved the resolution plan submitted by…
M/s. Jeel Kandla Service & Anr., post-CIRP creditors of Hindusthan Glass and Industries Limited (HNGIL), sought payment for transportation services. The NCLT ordered partial payment but disallowed interest, leading to an appeal by the appellants before the NCLAT. Concurrently, a resolution plan for HNGIL by Independent Sugar Corporation Limited (Respondent No. 4) was approved by the NCLT, which the appellants unsuccessfully challenged. Subsequently, Respondent No. 4 applied to the Regional Director to shift HNGIL's registered office from West Bengal to Mumbai. Despite pending appeals against the resolution plan before the NCLAT, the Regional Director allowed the shifting. The appellants challenged this decision via a writ petition, which a Single Judge dismissed,
…Hindusthan Glass and Industries Limited (HNGIL) went into Corporate Insolvency Resolution Process (CIRP) on October 21, 2021.
M/s. Jeel Kandla Service & Anr. (appellants) claimed to be post-CIRP creditors of HNGIL for transportation services.
The National Company Law Tribunal (NCLT) ordered payment of 75% of the appellants' dues but disallowed interest under Section 16 of the Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act).
The appellants preferred an appeal before the National Company Law Appellate Tribunal (NCLAT) regarding the disallowed interest.
Independent Sugar Corporation Limited (Respondent No. 4) submitted a resolution plan to revive HNGIL, which was approved by the NCLT on August 14, 2025.
…Hindusthan Glass and Industries Limited (HNGIL)…
NCLT approved the resolution plan submitted by…