Case Details

Case Name: M/S ADGlobal360 India Pvt. Ltd. V/S M/S HonorTech Universal Pvt. Ltd.

Court/Authority: National Company Law Tribunal Allahabad Bench Prayagraj

Case Number: CP (IB) No.28/ALD/2025

Date of Order: 20th May, 2026

Under Section: 9 IBC (Insolvency and Bankruptcy Code)

Parties Involved

Petitioner/Operational Creditor: M/S ADGlobal360 India Pvt. Ltd.

Respondent/Corporate Debtor: M/S HonorTech Universal Pvt. Ltd.

Tribunal Members: Shri Praveen Gupta (Hon'ble Member - Judicial), Shri Ashish Verma (Hon'ble Member - Technical)

Legal Representation: Advocate Rishabh Periwal for Corporate Debtor

Stenographer: Shubhangi Singh

Order Proceedings

The hearing took place on 20th May, 2026 before the Division Bench.

  • No representative appeared for the Operational Creditor (M/S ADGlobal360 India Pvt. Ltd.)
  • Advocate Rishabh Periwal appeared and represented the Corporate Debtor (M/S HonorTech Universal Pvt. Ltd.)

Final Ruling & Enforcement

The NCLT Bench adjourned the matter "in the interest of justice" for further hearing on 21st July, 2026. The order was signed by both members of the bench.