Authority: National Company Law Tribunal, New Delhi Bench (Court – II)
Order Date: July 6, 2026
Case Overview
The matter involves Edelweiss Asset Reconstruction Company Ltd. as the applicant/petitioner against Tecpro Systems Ltd. as the respondent, filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The case encompasses multiple interconnected applications and contempt petitions, as evidenced by the extensive list of case numbers including IB-197(PB)/2017, IA-415/ND/2024, CA-372/ND/2018, and Contt Pet -29/ND/2024 among others. The hearing was conducted through hybrid mode (VC and Physical). Numerous legal representatives were present, including advocates for the applicant, respondent, Haryana State Industrial and Infrastructure Development Corporation (HSIIDC), and the liquidator.
Final Outcome
The bench comprising Hon'ble Member (J) Ashok Kumar Bhardwaj and Hon'ble Member (T) Atul Chaturvedi did not pass any substantive order on the merits of the case. The matter was adjourged due to time constraints and listed for the next hearing on August 5, 2026.
Topics: Insolvency Proceedings, NCLT Adjournment, Corporate Debt