Authority: National Company Law Tribunal Allahabad Bench Prayagraj
Order Date: 12th June, 2026
Case Overview
The National Company Law Tribunal (NCLT) Allahabad Bench heard proceedings in CP (IB) No.19/ALD/2024 involving AM Volere Tradelink LLP versus the Registrar of Companies (ROC). The case was filed under Section 59(7) of the Insolvency and Bankruptcy Code (IBC) read with IBBI Regulations, 2017 and Rule 23 of the LLP (Winding Up and Dissolution) Rules, 2012, along with NCLT Rules. The matter pertains to the winding up and dissolution of the limited liability partnership.
Final Outcome
The bench, comprising Member (Judicial) Praveen Gupta and Member (Technical) Ashish Verma, noted a written adjournment request from the counsel representing the Income Tax Department. The Tribunal also noted that reports from both the ROC and the Income Tax Department had already been filed on record. The matter was adjourned for a final hearing and is scheduled to be taken up on 15th July, 2026, where it will be placed higher on the board.
Topics: NCLT Proceedings, Corporate Winding-Up, Adjournment