Case Details

Case Name: Mantech Leasing and Finance Private Limited vs Salasar Fan Fabriken Private Limited

Court/Authority: National Company Law Tribunal, New Delhi Principal Bench

Case Number: IB-184(PB)/2026

Order Date: 25 May 2026

Legal Provision: Section 7 of the Insolvency and Bankruptcy Code, 2016

Parties Involved

Petitioner: Mantech Leasing and Finance Private Limited

Respondent: Salasar Fan Fabriken Private Limited (referred to as Corporate Debtor/CD)

Bench Composition: Justice Anupinder Singh Grewal (Hon'ble President) and Shri Ravindra Chaturvedi (Hon'ble Member - Technical)

Legal Representation: Mr. Abhishek Goswami, Advocate for Petitioner; Mr. Awnish Kumar, Advocate for Respondent

Proceedings & Current Status

  • Hearing conducted in hybrid mode (physical and video conference)
  • Petitioner's counsel prayed for time to file an Affidavit of Service
  • Respondent's counsel submitted that certain documents stated to be annexed with the petition had not been made available to them
  • Petitioner's counsel undertook to provide the missing documents to the Respondent's counsel during the course of the day
  • Case adjourned and listed for next hearing on 06 July 2026

Current Stage of Proceedings

The matter is at a preliminary stage where procedural formalities are being completed. No substantive hearing on the merits of the insolvency petition has taken place yet. The tribunal has granted time for completion of service formalities and document exchange between parties.