Authority: National Company Law Tribunal, New Delhi Court – IV
Order Date: 12 June 2026
Case Overview
The matter pertains to a petition filed under Section 7 of the Insolvency and Bankruptcy Code, 2016, by Omkara Assets Reconstruction Pvt Ltd (Financial Creditor/Applicant) against K.S.N Buildwell Pvt Ltd (Corporate Debtor/Respondent). The hearing on 12 June 2026 was a hybrid hearing (physical and video conference). Multiple Interlocutory Applications (IAs) were listed for hearing: IA/1273/ND/2023, IA/5967/ND/2023, IA/4263/ND/2023, IA/3570/ND/2023, IA/3107/ND/2023, IA/3150/ND/2023, IA/3148/ND/2023, and IA/3149/ND/2023 in the main insolvency petition IB/552/ND/2021. Representatives for both parties were present, with Mr. Adhish Srivastava appearing for the Resolution Professional, and Ms. Rashi Agnihotry and Ms. Pooja Dhingra appearing for various respondents.
Final Outcome
The two-member bench, comprising Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Atul Chaturvedi, adjourned the matter. The order states the adjournment was granted "Due to paucity of time." The new date for the hearing is 22 July 2026. The order was signed by Shri Atul Chaturvedi.
Topics: Insolvency Proceeding, NCLT Hearing