Authority: National Company Law Tribunal, New Delhi Bench (Court-II)
Order Date: 11 June 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Bench, comprising Hon'ble Member (Judicial) Ashok Kumar Bhardwaj and Hon'ble Member (Technical) Atul Chaturvedi, was hearing matter CP-CA CAA-78/ND/2025 involving Growfast Advisory Services Pvt. Ltd. as the applicant/petitioner. The matter pertains to sections 230-232 of the Companies Act, 2013, which govern schemes of compromise or arrangement between a company and its creditors/members. The hearing was conducted through hybrid mode (virtual and physical).
Final Outcome
The bench adjourned the hearing, listing the matter for the next date of 11 August 2026. The order explicitly states the reason for adjournment: "It is already 1:00 pm. No time left." Legal counsel for the applicant (Advocate Videh Vaish and Advocate Shreya) were present during the hearing.
Topics: NCLT Proceedings, Corporate Restructuring, Legal Adjournment