Authority: National Company Law Tribunal, New Delhi Principal Bench
Order Date: June 10, 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Principal Bench heard a petition filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The financial creditor, Citizen Co-Operative Bank Limited, filed the petition against the corporate debtor, M/s Abhi Compusoft Private Limited. The hearing was conducted in hybrid mode (physical and video conference). The bench consisted of Justice Anupinder Singh Grewal (Hon'ble President) and Shri Ravindra Chaturvedi (Hon'ble Member - Technical). The financial creditor was represented by advocates Mr. Abhishek Anand, Mr. Karan Kohli, and Ms. Ridhima Mehrotra. The corporate debtor was represented by advocates Ms. Jasleen Singh, Ms. Ansh Gulati, and Mr. Devashish Chauhan.
Final Outcome
The Tribunal did not issue any substantive order on the merits of the Section 7 petition. The matter was simply adjourned and listed for hearing on the next day, June 11, 2026. The order was signed by both members of the bench.
Topics: Insolvency Proceeding, Banking Sector, NCLT