Authority: National Company Law Tribunal, New Delhi Bench (Court – II)
Order Date: 10 July 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Bench heard an insolvency petition filed by Kotak Mahindra Prime Ltd against Blaze Promoters Pvt. Ltd. The case is registered as IB-755/ND/2022 with an intervening application IA-1190/ND/2026. The petition was filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The bench comprised Hon'ble Member (Judicial) Sh. Ashok Kumar Bhardwaj and Hon'ble Member (Technical) Sh. Atul Chaturvedi. The hearing was conducted through hybrid mode (VC and Physical). The liquidator was represented by Adv Vinod Chaurasia and Mr. Rajiv Bajaj.
Final Outcome
The tribunal adjourned the matter due to lack of time. The case has been listed for the next hearing on 12 August 2026. No substantive orders were passed in this hearing.
Topics: Insolvency Proceeding, NCLT Adjournment, Corporate Debt