Authority: National Company Law Tribunal (NCLT), New Delhi Single Principal Bench
Order Date: 12 June 2026
Case Overview
The matter involves a petition filed by India Infrastructure Finance Company Ltd (Petitioner) against Aryavrat Project and Developers Pvt Ltd (Respondent) under the Insolvency and Bankruptcy Code (IBC). The case is listed as TA (IBC)- 16(PB)/2026. The hearing was conducted in hybrid mode (physical and video conference).
During the proceedings, Advocate Rohit Dubey appeared for the Respondent and submitted that he had filed a reply to the petition the previous day (11 June 2026). However, this reply was not yet available on the court record. The respondent's counsel undertook to bring the reply on record before the next date of hearing.
Final Outcome
The Hon'ble President, Justice Anupinder Singh Grewal, adjourned the matter. The case is now listed for the next hearing on 03 July 2026. The primary purpose of the next hearing is for the respondent to formally place their reply on the court record.
Topics: Insolvency Proceeding, NCLT Hearing