# In the matter of Gateway Investment Management Services Ltd. vs. ASC Insolvency Services LLP & Others

> NCLAT judgment dated 2025-01-24. Citation: TCN-2025-NCLAT-00246. This is a Company Appeal (AT) (Insolvency) No. 148 of 2025 before the National Company Law…

- **Court:** NCLAT
- **Order date:** 24 Jan 2025
- **Citation:** TCN-2025-NCLAT-00246
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/gateway-investment-management-services-ltd-vs-asc-insolvency-services-llp-others-723bdd06

## Summary

### Background

This is a Company Appeal (AT) (Insolvency) No. 148 of 2025 before the National Company Law Appellate Tribunal, Principal Bench, New Delhi. The appeal involves Gateway Investment Management Services Ltd. as the Appellant and ASC Insolvency Services LLP & Ors. as the Respondents.

## Facts

Gateway Investment Management Services Ltd. filed an appeal against ASC Insolvency Services LLP & Ors. The National Company Law Appellate Tribunal heard the arguments from the counsels representing the Appellant, the Resolution Professional (representing R-1), NARCL (representing R-2), the Successful Resolution Applicant, and Respondent No. 3 (Alchemist). The court reserved its order after hearing the arguments and granted the parties liberty to submit their short notes of submission within a week.

## Parties

- **Judges:** Ashok Bh…; Barun M…; +1 more
- **Appellants:** Gateway Investment…
- **Respondents:** ASC Insolvency…

## Timeline

- **2025-01-24 — Hearing…**: The court heard the arguments of the counsels for the Appellant, Resolution Professional,…

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