Case Details
Case Name: Beacon Trusteeship Ltd. versus SH Tech Park Developers Pvt. Ltd.
Court/Authority: National Company Law Tribunal, Chandigarh Bench (Court-II) (Special Bench)
Case Number: CP (IB) No. 152/Chd/Hry/2025
Item Number: 104
Date of Order: 20.05.2026
Next Hearing Date: 07.07.2026
Legal Basis: Section 7 of the Insolvency and Bankruptcy Code, 2016
Parties Involved
Petitioner: Beacon Trusteeship Ltd.
Respondent/Corporate Debtor: SH Tech Park Developers Pvt. Ltd.
Legal Representation:
- For Petitioner: Mr. Nikhil Ratti Kapoor, Advocate
- For Respondent: Mr. Anand Chhibbar, Senior Advocate along with Mr. Vaibhav Sahni & Ms. Swati Vashisth, Advocates
Bench Members:
- Shri. Shishir Agarwal, Hon'ble Member (Technical)
- Shri. K. Biswal, Hon'ble Member (Judicial)
Issues / Allegations / Violations
The petition has been filed under Section 7 of the IBC, 2016 for initiating the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor. The specific nature of the financial debt or default allegations are not detailed in this procedural order.
Final Ruling & Enforcement
The matter has been adjourned to 07.07.2026 at the request of the petitioner's counsel. The order directs that the matter be listed before the Regular Bench on the next hearing date. No substantive hearing or arguments on the merits of the case have taken place yet.
The order was signed by both bench members:
- Sd/- (SHISHIR AGARWAL) MEMBER (TECHNICAL)
- Sd/- (K. BISWAL) MEMBER (JUDICIAL)