Case Details
Case Name: Alphion India Private Limited vs Presto Info Solutions Private Limited
Court/Authority: National Company Law Tribunal, New Delhi Bench (Court - II)
Case Numbers: IB-121/ND/2026 (Main) and IA-2206/ND/2026 (Interim Application)
Date of Order: 20 May 2026
Under Section: 9 of Insolvency and Bankruptcy Code, 2016
Parties Involved
Petitioner/Applicant: Alphion India Private Limited
Respondent/Corporate Debtor: Presto Info Solutions Private Limited
Legal Representation:
For Applicant: Mr. Naresh Kaushik (Senior Advocate) with Mr. Vardhman Kaushik, Mr. Dhruv Joshi, Mr. Arindam Sarin, and Mr. Vinay Kaushik (in IA-2206/ND/2026)
Tribunal Bench:
- Hon'ble Mr. Ashok Kumar Bhardwaj, Member (Judicial)
- Hon'ble Mr. Atul Chaturvedi, Member (Technical)
Final Ruling & Enforcement
The National Company Law Tribunal allowed IA-2206/ND/2026 and condoned the delay of 17 days in filing the reply on behalf of the Corporate Debtor (Presto Info Solutions Private Limited). The hearing was conducted through hybrid mode (virtual conference and physical appearance).
The order was signed by both members of the bench:
- Mr. Atul Chaturvedi, Member (Technical)
- Mr. Ashok Kumar Bhardwaj, Member (Judicial)