Authority: National Company Law Tribunal Allahabad Bench Prayagraj
Order Date: 6th July, 2026
Case Overview
The National Company Law Tribunal (NCLT) Allahabad Bench heard matter CP (IB) No.122/ALD/2025, which is an insolvency petition filed by Cabcon India Limited against Purvanchal Vidyut Vitran Nigam Limited. The petition was filed under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016, which deals with initiation of corporate insolvency resolution process by operational creditors.
Final Outcome
The Bench did not pass any substantive order on the merits of the case during this hearing. The matter was simply re-notified and adjourned to 4th August, 2026 for further proceedings. No reasons for the adjournment or details about the underlying dispute between the parties are provided in this order sheet.
Topics: Insolvency Proceedings, Power Distribution Sector