Authority: National Company Law Tribunal, New Delhi Court-IV (Special Bench)
Order Date: 15 July 2026
Case Overview
The National Company Law Tribunal (NCLT) heard multiple interim applications in the ongoing insolvency proceedings between Concord Infrastructure Pvt Ltd (Applicant) and Shubhkamna Buildtech Pvt Ltd (Respondent). The case was filed under Section 9 of the Insolvency & Bankruptcy Code, 2016. The matter involved numerous interim applications (IAs) and a contempt petition, indicating complex, multi-faceted litigation. Government representatives from the Directorate General of GST Intelligence (DGGI) and Employees' Provident Fund Organisation (EPFO) were present, suggesting potential involvement of tax or provident fund matters in the insolvency proceedings. Multiple legal representatives appeared for both parties, including advocates for the Monitoring Committee.
Final Outcome
The Special Bench, comprising Member (Judicial) Shri Mahendra Khandelwal and Member (Technical) Shri Yogendra Kumar Singh, adjourned the matter and listed all interim applications for hearing on 12 August 2026 before the Regular Bench. No substantive decisions or rulings on the merits of the case were made in this order, which served purely as a procedural adjournment.
Topics: Insolvency Proceedings, NCLT Litigation, Corporate Debt