Case Details
Case Name: Edelweiss Asset Reconstruction Company Ltd. Vs. CLC Industries Ltd.
Court/Authority: National Company Law Tribunal, New Delhi Principal Bench
Case Number: IB-933(PB)/2019
Interlocutory Applications: IA-5935/2023, IA-2017/2024
Order Date: 26 May 2026
Next Hearing Date: 14 July 2026
Legal Basis: Petition under Section 7 of Insolvency & Bankruptcy Code, 2016 for Corporate Insolvency Resolution Process (CIRP)
Hearing Mode: Hybrid Hearing (Physical & Video Conference)
Parties Involved
Petitioner/Applicant: Edelweiss Asset Reconstruction Company Ltd.
Respondent: CLC Industries Ltd.
Legal Representatives Present:
- For Applicant: Mr. Sumant Batra, Mr. Sarthak Bhandari, Ms. Riya Kaur Arora, Advs. (in IA-5935/2023); Mr. Naman Shukla, Mr. Arun Kr Shukla, Advs. (in IA-2017/2024)
- For Respondent: Mr. Karan Luthra, Mr. Piyush Thanvi, Advs. (for R-2 in IA-5935/2023)
- For Erstwhile Resolution Professional: Ms. Honey Satpal, Mr. Akash Agarwalla, Mr. Aman, Advs. (in IA-5935/2023 & IA-2017/2024)
Bench Composition:
- Justice Anupinder Singh Grewal, Hon'ble President
- Shri Ravindra Chaturvedi, Hon'ble Member (Technical)
Order
The Tribunal listed the matter for next hearing on 14 July 2026 for both interlocutory applications (IA-5935/2023 and IA-2017/2024). The order was signed by both members of the bench.
Current Status
This is a procedural order that only schedules the next hearing date. No substantive findings, observations, penalties, or rulings were made in this particular order. The matter remains pending before the NCLT.