Authority: National Company Law Tribunal, New Delhi Court-V
Order Date: 08 June 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Court-V heard an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The case involves Fluxlite Co. Ltd. (Republic of Korea) as the applicant versus M/s. Kreate Lights Pvt. Limited as the respondent. The matter was heard through hybrid mode (physical and video conference) before a bench comprising Hon'ble Member (Judicial) Shri Manni Sankariah Shanmuga Sundaram and Hon'ble Member (Technical) Ms. Reena Sinha Puri. The applicant was represented by Senior Advocate Ms. Pooja Mehra Saigal along with advocates Ms. Kritika Khanna and Mr. Nivesh Dixit. The respondent was represented by Senior Advocate Mr. AK Singh along with advocates Mr. Adarsh Tripathi, Mr. Vikram Singh Baid, Mr. Ajitesh Garg, Mr. Rajat Joshi, Ms. Saloni Singh, and Ms. Eesha Garg.
Final Outcome
The tribunal adjourned the matter to 13 July 2026 due to paucity of time. No substantive hearing or decision on the merits of the Section 9 application occurred during this proceeding.
Topics: Insolvency Proceeding, Corporate Dispute, Legal Adjournment