Authority: National Company Law Tribunal, New Delhi Court-V (Single Bench)
Order Date: 11 June 2026
Case Overview
DMI Finance Private Limited filed a new application (IA/2674/2026) under Section 7 of the Insolvency and Bankruptcy Code, 2016 against Dauphin AKG Hotels Private Ltd. as the respondent. The matter was heard through hybrid hearing (physical and video conference). The applicant was represented by advocates Mr. Shivam Gautam (appearing for the Applicant/RP), Mr. Vipul Ganda, and Mr. Ishan Upadhaya. The respondent was not represented at this hearing.
Final Outcome
The NCLT bench presided by Hon'ble Member (Judicial) Shri Manni Sankariah Shanmuga Sundaram issued procedural directions. The tribunal directed the applicant to serve notice on the respondents within 3 days and file proof of service. Upon receipt of notice, the respondents are directed to file their reply within 1 week. The matter has been listed for next hearing on 23 July 2026.
Topics: Corporate Insolvency, NCLT Proceedings, Financial Creditor Petition