Authority: National Company Law Tribunal, New Delhi Principal Bench
Order Date: July 7, 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Principal Bench heard multiple interconnected applications in the matter between AMD Industries Limited (Petitioner) and VHV Beverages Private Limited (Respondent) under Section 9 of the Insolvency and Bankruptcy Code, 2016. The case involves corporate insolvency resolution proceedings. Multiple legal representatives were present including counsel for the applicant (AMD Industries), respondent (VHV Beverages), ICICI Bank, and the liquidator.
During the hearing, the respondent's counsel stated they had not received a copy of the new application IA-2867/2026. The tribunal directed the applicant's counsel to serve a copy of this application upon the respondent. The bench comprising Justice Anupinder Singh Grewal (President) and Shri Ravindra Chaturvedi (Member Technical) heard the matter through hybrid hearing (physical and video conference).
Final Outcome
The tribunal adjourned all pending applications including IA-2176/2022, IA-2460/2022, IA-3954/2022, IA-4065/2022, IA-4807/2022, IA-4373/2022, IA-929/2026, IA-1283/2026, IA-2891/2024, and IA-788/2025 to July 21, 2026 for further hearing. The new application IA-2867/2026 was also listed for the same date.
Topics: Insolvency Proceedings, NCLT Hearing, Corporate Litigation