SPECTRUM TRIMPLEX PRIVATE LIMITEDversusPRANAV DAMANIA

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                                  IN THE HIGH COURT OF JUDICATURE AT BOMBAY

                                        ORDINARY ORIGINAL CIVIL JURISDICTION

                                           WRIT PETITION NO. 2414 OF 2026

                   Spectrum Trimplex Private Limited                         … Petitioner
                               Versus
                   Pranav Damania and another                                … Respondents
SWEETY
RAJU
BHALERAO                                               ******
Digitally signed
by SWEETY
RAJU
BHALERAO
                   Mr. Dhruva Gandhi, a/w Ms. Henna Daulat and Mr. Gunjan Shah, i/b M/s
Date:
2026.08.28
18:13:40 +0530
                   G.S. Legal, for Petitioner.
                                                       ******
                                                     CORAM :          MANISH PITALE &
                                                                      SHREERAM V. SHIRSAT,JJ.
                                                       DATE     :     28th AUGUST 2026.
                   PC:


                   1.     Heard learned counsel for the Petitioner.

                   2.     The Petitioner is a financial creditor of a company called VPhrase

                   Analytics Solutions Private Limited, which has gone into voluntary

                   liquidation under the provisions of the Insolvency and Bankruptcy Code,

                   2016 (IBC). The Petitioner is constrained to approach this Court in peculiar

                   circumstances. A perusal of the prayer clause shows that the principal

                   grievance of the Petitioner is that the Registry of the National Company Law

                   Tribunal (NCLT), Mumbai Bench, represented by the Registrar as Respondent

                   No. 2 in this petition, is not registering a company appeal filed by the

                   Petitioner. The only reason for refusing to register the appeal is a defect

                   pointed out by Respondent No. 2 to the effect that “main case” details are


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not mentioned by the Petitioner in the appeal. The learned counsel for the

Petitioner is at pains to point out that in the facts and circumstances of the

present case and the nature of appeal filed on behalf of the Petitioner, there

is no question of a “main case” existing and therefore, the objection

regarding non-furnishing of details of the “main case” is wholly misplaced.

3.     This Court had issued notice in the present writ petition on

13/03/2025, directing the Petitioner to serve Respondent No. 2, i.e., the

Registrar of the NCLT and file an affidavit of service. We are informed that an

affidavit of service dated 04/04/2025 along with proof of service was placed

on record. The Registry to verify. For the convenience of this Court, a

photocopy of the said affidavit along with its exhibits was tendered and the

same is taken on record. A perusal of the same shows that on 17/03/2025,

Respondent No. 2 was served by way of hand delivery and an

acknowledgment is also seen in the document at Exhibit ‘A’.

4.     Apart from this, today an affidavit of service dated 27/08/2026 is

tendered, wherein a copy of an e-mail is referred to and annexed, showing

that when circulation of the present petition was granted for today,

Respondent No. 2 was served on 20/08/2026 by way of e-mail, informing

the fact that the petition would be taken up for consideration today.

5.     Considering that Respondent No. 2 is the Registrar of the NCLT, we

see no reason to doubt the fact that the Petitioner has taken all efforts to

serve the said Respondent by hand delivery as well as by e-mail. Despite

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service, Respondent No. 2 has not appeared before this Court.

6.     In this backdrop, we heard the learned counsel for the Petitioner. We

find that initially, the Petitioner had filed a petition under Section 7 of the

IBC as a financial creditor of the corporate debtor. But, by an order dated

04/10/2024, the said petition was dismissed on the short ground that the

claim of the Petitioner was found to be valued at Rs. 93,79,692/-, which was

below the threshold of Rs. 1 crore. The relevant discussion is found in

paragraphs 22 to 25 of the said order dated 04/10/2024 passed by the NCLT,

Mumbai.

7.     Thereafter, the Petitioner approached Respondent No. 1, liquidator,

raising its claim as a financial creditor. Respondent No. 1 is the liquidator

appointed in the voluntary liquidation proceedings undertaken in the context

of the said corporate debtor.

8.     By an e-mail dated 23/10/2024, Respondent No. 1 liquidator,

communicated to the Petitioner that he was under no obligation to recognize

or acknowledge the claim of the Petitioner as a financial debt, on the sole

ground that the petition filed by the Petitioner under Section 7 of the IBC

was dismissed by the NCLT, Mumbai by the aforesaid order dated

04/10/2024. Aggrieved by the same, the Petitioner filed a Company Appeal

before the NCLT. The appeal was filed as far back as on 29/10/2024 and till

date, it has remained at the stage of scrutiny. We are informed that all other

defects have been removed, but for the only remaining defect referred to

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hereinabove. The relevant documents placed on record show that

Respondent No. 2 has kept the appeal in scrutiny and not registered the

same on the ground that the appeal suffers from the defect of non-

mentioning of details of the “main case”. We find substance in the contention

raised on behalf of the Petitioner that in the facts and circumstances of the

present case, there can not be a “main case”, details of which are required to

be placed on record in the appeal filed by the Petitioner.

9.     A perusal of the memo of appeal, copy of which is placed on record

with the petition, shows that it has been filed under Section 42 of the IBC,

which was available to the Petitioner at the relevant time, being an appeal

against a decision of the liquidator. This has to be read in conjunction with

Section 59 under Chapter - V pertaining to voluntary liquidation of corporate

persons. Section 59(6) of the IBC provides that the provisions of Sections 35

to 53 of the IBC shall apply to voluntary liquidation proceedings for

corporate persons with such modifications as may be necessary.

10.    There can be no dispute about the fact that the decision of

Respondent No. 1- liquidator is in voluntary liquidation proceedings of the

said corporate debtor. We find that the e-mail dated 23/10/2024 rejecting

the claim of the Petitioner as a financial debt is certainly a decision of

Respondent No. 1- liquidator in voluntary liquidation proceedings of the said

corporate debtor. Therefore, the Petitioner is clearly entitled to pursue the

said appeal filed under Section 42 of the IBC to challenge the aforesaid

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decision of Respondent No. 1- liquidator.

11.    In the facts and circumstances of the present case, there is no question

of any “main case”, details of which would have to be placed on record for

processing of the appeal and its eventual listing before the adjudicating

authority, i.e., NCLT.


12.    We are surprised that the Respondent No. 2, being the Registrar of the

NCLT, has raised such a defect concerning the appeal filed by the Petitioner

and on that count, the appeal filed as far back as on 29/10/2024 has

remained in scrutiny and it has not been registered. We also find that the

Assistant Registrar of NCLT, Mumbai has reached out to the Registrar of the

NCLT at New Delhi for clarification in the matter. As a matter of fact, there

ought to have been no confusion and hence, we do not find any reason for

the Assistant Registrar of NCLT at Mumbai to reach out to the Registrar of

NCLT at New Delhi for any clarification in the matter.


13.    An appropriate appreciation of relevant provisions of the IBC makes it

abundantly clear that the defect raised by Respondent No. 2, i.e., the

Registrar of the NCLT in the facts and circumstances of the present case

concerning the appeal filed by the Petitioner, is without any basis. For no

reason, the appeal has remained pending from 29/10/2024 at the scrutiny

stage, thereby depriving it of an opportunity to press for interim/final reliefs

in the said appeal. Since, the documents on record show that, other than the


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said defect, all the other defects have been taken care of by the Petitioner,

there can be no impediment in allowing the writ petition in terms of prayer

clause (a). As regards the other prayers in the present writ petition, the

Petitioner would be at liberty to press the same, upon the appeal being

registered, before the NCLT for appropriate orders.

14.    In view of the above, the writ petition is allowed in terms of prayer

clause (a) which reads as follows:

            “(a) That this Hon’ble Court be pleased to issue a writ under

            Article 226 of the Constitution of India in the nature of

            Mandamus or any other appropriate order and directions against

            Respondent No. 2 to register Company Appeal E-filing No.

            2709138105292024.”

15.    Respondent No. 2- the Registrar of NCLT shall take necessary steps in

the matter within one week from today and ensure that the appeal is

registered and placed before the NCLT, Mumbai within one week of its

registration.

16.    This order shall be placed before the Registrar, NCLT, New Delhi also

for issuing appropriate directions in the matter so that litigants similarly

placed like the Petitioner herein do not face the difficulty as faced by the

Petitioner in the present case.




(SHREERAM V. SHIRSAT, J.)                           (MANISH PITALE, J.)

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