Authority: National Company Law Tribunal, New Delhi Court - IV
Order Date: July 10, 2026
Case Overview
The matter involves an application filed by Mega Properties Pvt. Ltd. under Section 59 of the Insolvency & Bankruptcy Code, 2016. Section 59 pertains to voluntary insolvency proceedings initiated by corporate persons. The application was listed before a bench comprising Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Atul Chaturvedi. The hearing was conducted in hybrid mode (physical and video conference). The applicant was represented by Advocate Ms. Arpita Yadav.
Final Outcome
The tribunal adjourned the matter due to paucity of time. The next hearing has been scheduled for July 30, 2026. The order was signed by Member (Technical) Shri Atul Chaturvedi.
Topics: Insolvency Proceeding, NCLT Hearing