Authority: National Company Law Tribunal, Court-V, Mumbai Bench

Order Date: June 9, 2026

Case Overview

The National Company Law Tribunal, Mumbai Bench heard petition number CP(IB)/1287(MB)2022 filed by DMI Finance Private Limited against Amit Gupta under Section 95(1) of the Insolvency and Bankruptcy Code, 2016. The bench comprised Judicial Member Ashish Kalia and Technical Member Charanjeet Singh Gulati. The matter represents an insolvency proceeding initiated by the financial creditor against the debtor.

Final Outcome

The tribunal could not take up the matter for hearing due to paucity of time. The case has been adjourned to August 24, 2026 for next hearing. No substantive proceedings, arguments, or decisions were made in this session.

Topics: Insolvency Proceeding, NCLT Adjournment, Corporate Debt