Authority: National Company Law Tribunal, New Delhi Court – IV
Order Date: 10 July 2026
Case Overview
This is an order from the National Company Law Tribunal (NCLT) concerning multiple Interlocutory Applications (IAs) filed in the main insolvency petition IB/773/ND/2024. The matter involves an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, filed by the operational creditor, C.P. Arora Engineers Contractors Pvt Ltd, against the corporate debtor, Millennium City Expressways Pvt Ltd. The specific IAs being heard were numbered IA/5615/ND/2025, IA/4369/ND/2025, IA/4602/ND/2025, IA/678/ND/2026, IA/2323/ND/2026, and IA/2908/ND/2026. The bench was composed of Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Atul Chaturvedi. Representation was noted for the respondent in IA No. 4602/2025 by Mr. Mohit Nandwani, Advocate, and for Respondent-3, IDFC Bank, by Senior Advocate Mr. Sumit Bansal and Ms. Nikita Gupta. The hearing was conducted in a hybrid mode (physical and video conference).
Final Outcome
The tribunal adjourned the hearing of the matter. The sole reason provided for the adjournment was "paucity of time." The case has been rescheduled for the next hearing on 22 July 2026. The order was signed by Member (Technical) Shri Atul Chaturvedi.
Topics: Insolvency Proceeding, NCLT, Adjournment