NCLT Adjourns Holitech India Insolvency Hearing

Case Name: Q-MAX SUPPLY CHAIN CO. LTD. V/S HOLITECH INDIA PRIVATE LIMITED

Court/Authority: National Company Law Tribunal, Allahabad Bench, Prayagraj

Case Number: CP (IB) No.27/ALD/2025

Interlocutory Application: IA No.332/2026

Date of Order: 21st May, 2026

Under Section: 9 IBC (Insolvency and Bankruptcy Code)

Petitioner/Operational Creditor: Q-MAX SUPPLY CHAIN CO. LTD.

Respondent/Corporate Debtor: HOLITECH INDIA PRIVATE LIMITED

Tribunal Members: Sh. Praveen Gupta (Hon'ble Member - Judicial), Sh. Ashish Verma (Hon'ble Member - Technical)

Legal Counsel:

For Operational Creditor: Sh. Ishaan Chhaya, Advocate
For Corporate Debtor: Sh. Srijan Mehrotra with Sh. Vikram Kalra and Ms. Phalguni Bhalla, Advocates

The Corporate Debtor filed IA No.332/2026, but the memo of parties incorrectly reflected the 'Operational Creditor' as the 'Applicant' instead of the 'Corporate Debtor'
The title of the application on the DMS portal does not match the required format
The hard copy of the reply filed by the Corporate Debtor in the main petition is not on record
The Operational Creditor has prepared a response to IA No.332/2026 but cannot file it due to the incorrect labeling

The Corporate Debtor is granted time to amend the memo of parties and make correct entries on the DMS portal
After corrections, the Operational Creditor must file their response/reply to IA No.332/2026 on the e-portal
The Corporate Debtor may file a rejoinder within two weeks after the reply is filed, with advance copy to opposite side
The Registry is directed to correctly reflect the memo of parties in the cause list
The hard copy of the Corporate Debtor's reply in the main petition must be placed on record

The matter is adjourned for final hearing on 7th July, 2026
All procedural corrections and filings must be completed before the next hearing date