Case Details
Case Name: In the matter of L-1 Identity Solutions Operating Company Private Limited
Court/Authority: National Company Law Tribunal, New Delhi Bench (Court - II)
Case Number: CP CA CAA-16/ND/2026
Date of Order: 19 May 2026
Legal Provisions: Sections 230-232 of the Companies Act, 2013
Parties Involved
Petitioner/Applicant: L-1 Identity Solutions Operating Company Private Limited
Representation for Petitioner: Senior Advocate P. Nagesh and Advocate Bharat Apte
Representation for Respondent/Official Liquidator: Advocate Kartikeya Asthana and Advocate Siddhidatri Jha
Tribunal Members: Hon'ble Member (J) Ashok Kumar Bhardwaj and Hon'ble Member (T) Atul Chaturvedi
Current Status & Proceedings
The hearing was conducted through hybrid mode (VC and Physical). Reports filed by the Regional Director (RD) and Official Liquidator (OL) are on record. However, the Income Tax Department has not yet filed its report, which is required for the proceedings.
Directions & Next Hearing
The Tribunal issued fresh notice to the Principal Chief Commissioner of Income Tax, Delhi, directing them to file their report. The matter has been adjourned and is returnable on 08 June 2026 for further proceedings pending the Income Tax Department's response.
Final Ruling
The order constitutes an interim procedural direction rather than a final ruling on the substantive petition under Sections 230-232 of the Companies Act, 2013. The Tribunal's direction focuses on ensuring all required regulatory reports (specifically from the Income Tax Department) are obtained before proceeding with the matter.