IN THE NATIONAL COMPANY LAW TRIBUNAL: NEW DELHI PRINCIPAL BENCH (SINGLE)
Authority: National Company Law Tribunal, New Delhi Principal Bench (Single)
Order Date: July 17, 2026
Case Overview
The matter concerns a transfer application (TA (Co. Act) - 17(PB)/2026) filed by Mr. Gulshan Kumar Mehta & Others seeking transfer of Company Petition No. 64 of 2025 from Court IV of the NCLT, New Delhi to the Principal Bench. The petition was filed under Sections 241-242 of the Companies Act, 2013. The applicants' ground for transfer is that the Principal Bench is already overseeing the implementation of a plan in a separate insolvency matter (Company Petition (IB) No. 1565 of 2018 titled "Mohan Agarwal v. M/s Crown Realtech Private Limited"), suggesting consolidation would be efficient.
During the hybrid hearing, Mr. Sahil Yadav, counsel for the respondents, opposed the transfer application. He argued that since Court No. IV is already hearing the matter, there are no grounds for its transfer. He further informed the bench that a reply to the transfer application had been filed but was not currently on the court record. He prayed for time to take the necessary steps to bring this reply on record.
Final Outcome
The Hon'ble President, Justice Anupinder Singh Grewal, presiding over the bench, adjourned the matter. The transfer application is now listed for the next hearing on July 24, 2026. The respondent's counsel was granted permission to ensure his reply is properly filed and on record by that date. No decision on the transfer was made; the proceeding was purely procedural to address the status of the reply.
Topics: NCLT Procedure, Company Petition Transfer, Corporate Dispute