Case Details
Case Name: Deepali Designs and Exhibits Pvt Ltd vs Pico Event marketing (India) Ovt Ltd
Court/Authority: National Company Law Tribunal, New Delhi Court-IV
Case Number: IA(Dis.)/38/ND/2024 in IB/100/ND/2019
Legal Basis: Section 9 of the Insolvency & Bankruptcy Code, 2016
Order Date: 22.05.2026
Parties Involved
Petitioner/Applicant: Deepali Designs and Exhibits Pvt Ltd
Respondent: Pico Event marketing (India) Ovt Ltd
Representatives Present:
- For the Liquidator: Mr. Rishabh Jain, Advocate
- For the IT Department: Mr. Vipul Agrawal (Sr. Standing Counsel), Ms. Sakshi Shairwal (Jr. Standing Counsel), Mr. Gaoraang Ranjan (Advocate), Ms. Harshita Kotru (Advocate)
Tribunal Composition
- Shri Mahendra Khandelwal, Hon'ble Member (Judicial)
- Shri Atul Chaturvedi, Hon'ble Member (Technical)
Hearing Details
Hearing Type: Hybrid Hearing (Physical & Video Conference)
Final Ruling & Enforcement
The case was adjourned to 06.07.2026 due to paucity of time. The order was signed by Shri Atul Chaturvedi, Member (Technical).
This order represents a procedural adjournment without substantive ruling on the insolvency application. No findings, penalties, or corrective actions were determined in this hearing.