Case Details
Case Name: ISGEC Heavy Engineering Ltd. vs KJS Cement (I) Ltd.
Court/Authority: National Company Law Tribunal, New Delhi Court-IV
Case Number: IB/195/ND/2026
Item Number: 404
Date of Order: 25 May 2026
Legal Provision: Section 9 of the Insolvency & Bankruptcy Code, 2016
Parties Involved
Petitioner/Operational Creditor: ISGEC Heavy Engineering Ltd.
Respondent/Corporate Debtor: KJS Cement (I) Ltd.
Legal Representatives:
- For Applicant: Mr. Gaurav Mitra, Mr. Shambhu Sharan, Ms. Sabah Iqbal Siddiqui, Mr. Abhijit Ghosh, Ms. Lavanya Pathak, Advocates
- For Respondent: Mr. Sumant Batra, Ms. Neeha Nagpal, Mr. Nikunj Mahajan, Advocates
Tribunal Members:
- Shri Mahendra Khandelwal, Hon'ble Member (Judicial)
- Shri Atul Chaturvedi, Hon'ble Member (Technical)
Proceedings
The hearing was conducted in hybrid mode (physical and video conference). Learned counsel for both parties were present. The respondent's counsel (Mr. Sumant Batra) submitted that in terms of the previous order dated 27 April 2026, they had filed the required documents, but these were not available on the e-portal of the Adjudicating Authority.
The Tribunal directed that immediate steps be taken to ensure the documents are made available on the e-portal.
Final Ruling & Enforcement
The case has been listed for the next hearing on 29 May 2026. No substantive orders were passed in this hearing beyond the procedural direction regarding document availability.
The matter remains pending before the NCLT for further proceedings on the Section 9 application under the Insolvency and Bankruptcy Code, 2016.