Authority: National Company Law Tribunal, New Delhi Court-IV (Single Bench)
Order Date: July 20, 2026
Case Overview
The National Company Law Tribunal (NCLT) in New Delhi heard two interlocutory applications (IA/3278/ND/2026 and IA/2986/ND/2026) within a restored company petition (IBC/9/ND/2025). The proceedings involve an application filed under Section 7 of the Insolvency & Bankruptcy Code, 2016 by Mr. Satyabrata Mitra & Ors. (Applicants) against Earth Towne Infrastructure Pvt Ltd (Respondent). The case has a history, with an old case number IB/196/ND/2023, indicating it was originally filed in 2023. The hearing was conducted in hybrid mode (physical and video conference). For one of the applications, representation was noted for the Interim Resolution Professional (IRP), Adv. Vinod Chaurasia and IRP Rajiv Bajaj.
Final Outcome
The Hon'ble Member (Judicial), Shri Mahendra Khandelwal, issued orders for both applications, directing that the matters be listed before a Division Bench on August 14, 2026. No substantive decisions on the insolvency petition itself were made in this hearing; the order solely pertains to the adjournment and transfer of the hearing to a different bench.
Topics: Insolvency Proceeding, NCLT Hearing, Corporate Debt