Authority: National Company Law Tribunal, New Delhi Principal Bench
Order Date: 07 July 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Principal Bench heard a winding-up petition filed by Indus Towers Limited against Loop Telecom Limited under Sections 433(e)/433(f) of the Companies Act, 1956. The case bears the current item number 117 TP (Co. Act.)- 05(PB)/2024, originating from old CP No. 921/2015. During the hybrid hearing (physical and video conference), Ms. Shubhi Agarwal, representing Loop Telecom Limited, informed the bench that the counsel who was scheduled to argue the case was facing personal difficulties, necessitating an adjournment.
Final Outcome
The bench, comprising Justice Anupinder Singh Grewal (President) and Shri Ravindra Chaturvedi (Member Technical), adjourned the matter and directed both parties to complete their pleadings in the interim. The case has been listed for the next hearing on 15 September 2026.
Topics: Corporate Insolvency, Legal Proceedings, Telecom Sector