Authority: National Company Law Tribunal, Bengaluru Bench (Special Bench)
Order Date: 29 June 2026
Case Overview
A petition was filed under Section 7 of the Insolvency and Bankruptcy Code, 2016, by Mr. Manish Kumar Bhardwaj (Petitioner) against M/s Cerebra Integrated Technologies Ltd (Respondent). The matter came for hearing before a Special Bench comprising Hon'ble Member (Judicial) Shri Sunil Kumar Aggarwal and Hon'ble Member (Technical) Shri Banwari Lal Meena. The petitioner's counsel, Adv. Afnaan Siddiqui, was present, and the respondent was represented by Adv. Parina Lalla. The sole reason for the hearing's adjournment was the petitioner's pending compliance with stamp duty formalities. The counsel for the petitioner informed the bench that the requisite stamp duty was still pending before the concerned stamp collector.
Final Outcome
The NCLT bench adjourned the matter and listed it next for hearing on 01 September 2026. The order explicitly states that the next listing is "awaiting compliance of stamp duty as part of assignment." No other substantive orders or observations were passed regarding the merits of the insolvency petition itself.
Topics: Insolvency Petition, NCLT Proceeding, Stamp Duty