Authority: National Company Law Tribunal, New Delhi Court-V (Single Bench)
Order Date: 11 June 2026
Case Overview
This is a procedural order in the matter of M/s. Khatema Fibres Limited (Applicant) versus M/s. East West Products Limited (Respondent). The case is an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC), bearing item number IB-526/ND/2025. The order was delivered by Shri Manni Sankariah Shanmuga Sundaram, Hon'ble Member (Judicial). The hearing was conducted in a hybrid mode (physical and video conference). Representatives for both parties were present: Mr. Vinod Chaurasia for the Applicant and Mr. Kausik Chatterjee with Ms. Samridhi Solanki for the Respondent.
The principal purpose of this order was to address an administrative directive. A prior order from the Hon'ble President of the NCLT, dated 03 June 2026, directed that this matter, along with all connected Interlocutory Applications (IAs), be transferred from its current bench to be heard by a specially constituted Special Bench.
Final Outcome
The Member ordered the transfer of the case. The matter is to be placed before the Special Bench of NCLT, New Delhi, Court-V, which will be comprised of Shri Mahendra Khandelwal, Hon'ble Member (Judicial) and Ms. Anu Jagmohan Singh, Hon'ble Member (Technical). The registry of the NCLT was directed to facilitate this transfer. The order is purely administrative and does not adjudicate the merits of the underlying insolvency application.
Topics: Insolvency Proceeding, NCLT Procedure