Authority: National Company Law Tribunal, New Delhi Principal Bench
Order Date: 13 July 2026
Case Overview
The National Company Law Tribunal (NCLT) heard a petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 by Anish Sanghai against M/s Ashimara Housing Private Limited. The petition was listed as Item No. 103 (IB)-203(PB)/2026. The hearing was conducted in hybrid mode (physical and video conference). The petitioner was represented by advocates Mr. Shashaank Bhansali and Mr. Akshat Kulshreshta. The petitioner's counsel submitted that the respondents had been served but had filed the Affidavit of Service only the previous day and requested time to bring it on record.
Final Outcome
The NCLT bench comprising Justice Anupinder Singh Grewal (President) and Shri Ravindra Chaturvedi (Member Technical) directed the petitioner's counsel to take steps to bring the Affidavit of Service on record within one week. The case was adjourned and listed for the next hearing on 28 July 2026. The tribunal also allowed the respondent to file their reply with an advance copy to the petitioner's counsel before the next date of hearing. No substantive decision on the insolvency petition was made in this order.
Topics: Insolvency Proceeding, NCLT Adjournment