Case Details

Case Name: Conquerent Control Systems Private Limited vs Ansal Crown Infrabuild Private Limited

Court/Authority: National Company Law Tribunal, New Delhi Court-IV

Case Numbers: IA (Plan)/20/ND/2024 and IA/4241/ND/2024 in IB/783/ND/2022

Legal Basis: Section 9 of the Insolvency & Bankruptcy Code, 2016

Order Date: 25 May 2026

Parties Involved

Petitioner: Conquerent Control Systems Private Limited

Respondent: Ansal Crown Infrabuild Private Limited

Legal Representation:

  • For Respondents: Adv. Palash S. Singhai, Adv. Harshal Sareen, Adv. Aashima Gautam for R-3 to R-5
  • For R-1/SRA in IA(Plan)/20/ND/2024: Mr. Ashish Mohan (Sr. Advocate), Ms. Rakshanda Deka, Mr. Aurito Mukherjee
  • For R 9 and R10: Adv. Anusuya Salwan
  • For R 7 in IA/4241/ND/2024: Adv. Vikas
  • For Resolution Professional: Mr. Bishwajit Dubey, Mr. Kunal Godhwani, Ms. Kinjal Chadha, Mr. Akshit Awasthi (Advocates) along with Mr. Sunil Kumar Agarwal (RP in person)

Procedural Updates

IA (Plan)/20/ND/2024: The written submissions from the learned Amicus Curiae, which were directed to be filed as per the order dated 22.05.2026, have not been brought on record. The Tribunal has listed this application for next hearing on 05.06.2026.

IA/4241/ND/2024: This application has also been adjourned and listed for hearing on 05.06.2026.

Hearing Details

The hearing was conducted in hybrid mode (physical and video conference). The bench comprised Hon'ble Shri Mahendra Khandelwal (Member Judicial) and Hon'ble Shri Atul Chaturvedi (Member Technical).