# SASMITA KUMARI SADANGI vs. GENEXT GREENPOWER SOLUTIONS PVT. LTD. & RAKESH JINDAL

> NCLAT judgment dated 2026-06-16. Citation: TCN-2026-NCLAT-00218. SASMITA KUMARI SADANGI, a Suspended Director of Yellowstone EV Power Pvt. Ltd. (Corporate…

- **Court:** NCLAT
- **Order date:** 16 Jun 2026
- **Citation:** TCN-2026-NCLAT-00218
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-chennai/sasmita-kumari-sadangi-vs-genext-greenpower-solutions-pvt-ltd-rakesh-jindal-wrycl

## Summary

### Background

SASMITA KUMARI SADANGI, a Suspended Director of Yellowstone EV Power Pvt. Ltd. (Corporate Debtor), filed a Company Appeal challenging an NCLT order dated 20.02.2026 that admitted the Corporate Debtor into CIRP under Section 7 of the I&B Code, 2016. The appeal was accompanied by a Condone Delay Application (IA No. 676/2026) seeking condonation of a 13-day delay in filing.

## Facts

SASMITA KUMARI SADANGI, a Suspended Director of Yellowstone EV Power Pvt. Ltd., filed a Company Appeal (AT) (CH) (Ins) No. 238/2026.

The appeal challenges an NCLT, Chennai Bench order dated 20.02.2026 in CP (IB) No. 101(CHE)/2025, which admitted Yellowstone EV Power Pvt. Ltd. into CIRP under Section 7 of the I&B Code, 2016.

The appeal is accompanied by a Condone Delay Application (IA No. 676/2026) seeking condonation of a 13-day delay.

The Appellant contended that the limitation period should be computed from the date of uploading the impugned order (24.02.2026), making the delay 13 days and condonable under Section 61(2) proviso.

The Registry reported a delay of 17 days, calculated from the date of pronouncement of the impugned order (20.02.2026).

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## Issues and analysis

### Issue 1: Whether the delay in filing the appeal should be condoned, considering the Appellant's contention …

**Ratio:** The limitation period for filing an appeal against an NCLT order commences from the date

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**Reasoning:** The Appellant was an active contestant, represented by counsel, and was aware of the

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**Interpretation:** The "date of knowledge" for the purpose of calculating the limitation

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**Application:** By applying the ratio of Sanjay Pandurang Kalate, the delay is correctly

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## Parties

- **Judges:** Sharad Kumar…; Jatindranat…
- **Appellants:** SASMITA KUMARI…; GENEXT GREENPOWER…
- **Respondents:** Yellowstone EV…; Genext Green…; +1 more
- **Other parties:** Efficax Resolution…
- **Advocates:** B.S.V. Prakash…; Akash Bala…; +4 more

## Timeline

- **2026-01-06 — Hearing on…**: Matter heard on merits before NCLT,…
- **2026-02-20 — NCLT Order Pr…**: NCLT, Chennai Bench pronounced order admitting Yellowstone EV Power Pvt. Ltd. into CIRP…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 61(2) — Appeals and Appellate Authority](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-61)

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