Authority: National Company Law Tribunal Allahabad Bench Prayagraj
Order Date: 12th June, 2026
Case Overview
The National Company Law Tribunal (NCLT) Allahabad Bench heard matters related to the voluntary liquidation of Digvijay Capital Management Limited under Section 59(7) of the Insolvency and Bankruptcy Code, 2016 (IBC). The case is registered as CP (IB) No.73/ALD/2023. The proceedings involve the company through its voluntary liquidator Ashok Kumar Verma versus the Registrar of Companies (ROC). The Income Tax Department is also a party to the proceedings. Both the ROC and the Income Tax Department have already filed their reports in the matter.
Final Outcome
The NCLT Bench comprising Member (Judicial) Praveen Gupta and Member (Technical) Ashish Verma adjourned the final hearing to 15th July, 2026. The adjournment was granted based on a written request from counsel representing the Income Tax Department seeking more time. The matter will be taken up higher on the Board on the next hearing date.
Topics: Voluntary Liquidation, NCLT Proceedings