Case Details

Case Name: In the matter of Daimler Financial Services Pvt. Ltd. vs. Value Infracon India Pvt. Ltd.

Court/Authority: National Company Law Tribunal (NCLT), New Delhi Principal Bench

Case Number: Item No. 113 (IB)-22(PB)/2018

Date of Order: 19th May 2026

Nature of Proceeding: Order under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016 (CIRP).

Parties Involved

Petitioner: Daimler Financial Services Pvt. Ltd.

Respondent: Value Infracon India Pvt. Ltd.

Other Appearances: Mr. Neeraj Kr Gupta, Advocate appeared for the SRA (Successful Resolution Applicant). Mr. Kamlesh Kr. Mishra, Ms. Shivani Verma, Advocates, and Mr. Vikas Tiwari, Advocate in Cont. Pet. 15/2015 & 16/2025 were also present.

Bench: Justice Anupinder Singh Grewal (Hon'ble President) and Shri Ravindra Chaturvedi (Hon'ble Member (Technical)).

Order & Procedural Directions

The order is a procedural update concerning the scheduling of hearings for multiple Interlocutory Applications (IAs) and Contempt Petitions (Cont.P) filed in the main insolvency petition.

1. IA-1434/2026: As prayed by the Learned Counsel, this matter was listed for hearing on the next day, i.e., 20th May 2026.

2. Batch of Applications: A group of 15 other applications and contempt petitions were listed for a future hearing on 10th August 2026. The specific applications are:

  • IA-3551/2024
  • IA-3703/2024
  • IA-3705/2024
  • IA-5237/2024
  • IA-5229/2024
  • IA-6101/2024
  • IA-915/2025
  • IA-4424/2025
  • IA-5866/2024
  • IA-5883/2024
  • IA-6200/2024
  • IA-6024/2024
  • Cont.P-15/2025
  • Cont.P-16/2025
  • IA-2052/2025
  • IA-3511/2024

The order does not contain details on the issues/allegations, findings, penalties, or the final ruling. It solely provides a listing update for pending applications within the broader Corporate Insolvency Resolution Process (CIRP).

The hearing was conducted in a Hybrid mode (Physical & Video Conference).