NCLT Adjourns Bestways Transport Insolvency Application

Case Details

• Case Name: Pawan Cargo Forwards (P) Ltd. Versus Bestways Transport (India) Ltd.
• Court/Authority: National Company Law Tribunal (NCLT), Chandigarh Bench, Court – II (Special Bench)
• Case Numbers: IA(IBC)/535(CH)2023 in CP (IB) No. 30/Chd/Hry/2019
• Date of Order: 20.05.2026
• Governing Law: Application filed under Sections 9 and 30 of the Insolvency and Bankruptcy Code (IBC), 2016.

Parties Involved

• Applicant/Operational Creditor: Pawan Cargo Forwards (P) Ltd.
• Respondent/Corporate Debtor: Bestways Transport (India) Ltd.
• Representation for Applicant: Advocates Mr. Rakesh Kumar, Ms. Preeti Kashyap, Mr. Ankit Chawla, Mr. Pulkit Mehrotra, Mr. Sahil Sharma, and Mr. Vijay Kumar.
• Adjudicating Authority: Hon'ble Member (Technical) Shri. Shishir Agarwal and Hon'ble Member (Judicial) Shri. K. Biswal.
• Other Party: A Resolution Professional (RP) is involved in the case, though not named in the provided text.

Final Ruling & Enforcement

The National Company Law Tribunal (NCLT) Chandigarh Bench has adjourned the hearing for application IA(IBC)/535(CH)2023. The adjournment was granted at the specific request of the Resolution Professional (RP) involved in the corporate insolvency resolution process of Bestways Transport (India) Ltd. The matter has been rescheduled for the next hearing on 08.06.2026. No other directions or rulings were issued in this specific order.