Authority: National Company Law Tribunal, Bengaluru Bench
Order Date: 09 October 2026
Case Overview
The National Company Law Tribunal (NCLT), Bengaluru Bench heard an interlocutory application (IA No. 1046/2026) in the main petition CP(IB) No. 192/BB/2024. The petition was filed by G4S Secure Solutions India Pvt Ltd against Sterne India Pvt Ltd under Section 7 of the Insolvency and Bankruptcy Code, 2016. The matter was heard through physical hearing/VC mode (hybrid) by a two-member bench comprising Hon'ble Member (Judicial) Shri Sunil Kumar Aggarwal and Hon'ble Member (Technical) Shri Radhakrishna Sreepada. Counsel for the applicant/respondent party in IA 1046 were represented by Mr. Vishnu Shriram, Mr. Rohitesh Tak, Ms. Pankhuri Jain, and Ms. Vidisha Tanna from Khaitan & Co.
Final Outcome
The NCLT Bench ordered that the interlocutory application along with the main petition be listed for next hearing on 12 October 2026. No substantive decision on the merits of the insolvency petition was made in this order.
Topics: Corporate Insolvency, NCLT Proceedings, Debt Recovery