Authority: National Company Law Tribunal, New Delhi Court - IV
Order Date: 10.07.2026
Case Overview
The National Company Law Tribunal (NCLT), New Delhi Court-IV, heard multiple interconnected applications and progress reports related to the insolvency proceedings of Macor Packaging Ltd. The matter originates from IB/2560/ND/2019, with Redhex It Solutions Pvt Ltd as the applicant versus Macor Packaging Ltd as the respondent under Section 9 of the Insolvency & Bankruptcy Code, 2016. The specific applications being heard included IA/2460/ND/2025, IA/3054/ND/2025, IA/5625/ND/2025, IA (Liq.) Progress Report /639/ND/2025, IA (Liq.) Progress Report /366/ND/2025, IA/5853/ND/2024, IA/1434/ND/2022, IA (Liq.) Progress Report /442/ND/2025, IA (Liq.) Progress Report /109/ND/2026, IA/315/ND/2024, and IA/2217/ND/2026. Representation was present for the applicant by Adv. Adhish Srivastava and Adv. Kartikya Gautam appearing for Dewan Motors Investment & Finance Ltd, and for the liquidator Mohd Nazim Khan appeared along with Saumya Seth and Mohd Amaan Khan. The bench consisted of Shri Mahendra Khandelwal, Hon'ble Member (Judicial) and Shri Atul Chaturvedi, Hon'ble Member (Technical), conducting a hybrid hearing (physical and video conference).
Final Outcome
The tribunal adjourned the matter to 06.08.2026 due to paucity of time. No substantive orders were passed, and no progress on the liquidation process was recorded in this hearing. The matter remains pending for further consideration on the next date.
Topics: NCLT Proceedings, Corporate Insolvency, Liquidation