Authority: National Company Law Tribunal, New Delhi Principal Bench
Order Date: 14 July 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Principal Bench is hearing an insolvency petition filed by National Asset Reconstruction Company Ltd (NARCL) against Helios Photo Voltaic Ltd under Section 7 of the Insolvency & Bankruptcy Code, 2016. The case bears the current item number IB-653(PB)/2023 (old number IB-154(PB)/2018). The Employees' Provident Fund Organisation (EPFO) is involved as an applicant in related interlocutory applications IA-4259/2025 and IA-3042/2026, represented by advocate Mr. Kaushik Kr. Dey. The hybrid hearing (physical and video conference) was presided over by a bench comprising Justice Anupinder Singh Grewal (Hon'ble President) and Shri Ravindra Chaturvedi (Hon'ble Member - Technical).
Final Outcome
The tribunal has listed the matter for further hearing on 21 September 2026 for the applications IA-4259/2025 and IA-3042/2026. No substantive decision on the insolvency petition has been rendered in this order, which serves primarily to adjourn the proceedings to the future date.
Topics: Insolvency Proceedings, Renewable Energy Sector, NCLT Hearing