Authority: National Company Law Tribunal, New Delhi Court-IV
Order Date: 09.07.2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Court-IV heard multiple interlocutory applications (IA/5924/ND/2025, IA/6059/ND/2025, IA/6331/ND/2025, IA/33/ND/2026, IA/44/ND/2026, IA/43/ND/2026, IA/6182/ND/2025, IA/6252/ND/2025, IA/6120/ND/2025, IA/4440/ND/2025, IA/284/ND/2026, IA/891/ND/2026, IA/155/ND/2026, IA/2466/ND/2026) in the main insolvency petition IB/731/ND/2023. The case involves M/s. Indo Spirits as the applicant and Sakriya Technologies Private Limited as the respondent under Section 9 of the Insolvency & Bankruptcy Code, 2016. The bench comprised Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Atul Chaturvedi.
Multiple advocates represented both parties: For the applicant Indo Spirits, Adv. Prateek Bhardwaj (IA/33/ND/2026), Adv. Nubair Alvi (IA/5924/ND/2025), Adv. Shivam Sharma (IA/2466/ND/2026), Adv. Kushal Raj Gupta (IA/6059/ND/2025, IA/6120/ND/2025, IA/6252/ND/2025, IA/43/ND/2026 & IA/44/ND/2026), and Adv. Krish Mahajan (IA/284/ND/2026). For the respondent Sakriya Technologies, Adv. Shivam Sharma represented respondents 2, 4, 5, 6 & 8 in IA/4440/ND/2025, Adv. Krish Mahajan appeared generally, and Adv. Rohan Chawla, Rohan Rana, and Darshana Deepak Das represented Respondent No. 5 in IA/155/ND/2026. The Resolution Professional was represented by Abhishek Anand, Karan Kohli, and Ridhima Mehrotra.
Final Outcome
The Tribunal adjourned all matters to 06.08.2026 due to "paucity of time." The order was signed by Member (Technical) Shri Atul Chaturvedi. No substantive decisions were made on the merits of the case, and all applications remain pending.
Topics: Insolvency Proceeding, Court Adjournment, Corporate Debt