Case Details
Case Name: Laxmi Steels vs M/s Adjoin Built & Developers Pvt Ltd
Court/Authority: National Company Law Tribunal, New Delhi Court-IV
Case Numbers: IA(Dis.) /12/ND/2026, IA/1505/ND/2022, IA/3170/ND/2025, IA/2316/ND/2022, IA/3948/ND/2022 in IB/2691/ND/2019
Legal Basis: Section 9 of the Insolvency & Bankruptcy Code, 2016
Order Date: 22 May 2026
Parties Involved
Petitioner/Applicant: Laxmi Steels
Respondent: M/s Adjoin Built & Developers Pvt Ltd
Judicial Members: Shri Mahendra Khandelwal (Hon'ble Member Judicial), Shri Atul Chaturvedi (Hon'ble Member Technical)
Legal Representation: Mr. Fanish K Jain (Advocate) with Mr. Ritik Duggal (Advocate) for Respondents R1 to R3 in IA/3948/ND/2022
Liquidator: Mr. Neeraj Kumar Jain (Liquidator in person)
Final Ruling & Enforcement
The National Company Law Tribunal, New Delhi Court-IV, adjourned the hearing of the case to 09 July 2026. The reason cited for adjournment was "paucity of time." The hearing was conducted in hybrid mode (both physical and video conference). The order was signed by Shri Atul Chaturvedi, Member (Technical).