Authority: National Company Law Tribunal, New Delhi Bench (Court - II)
Order Date: June 10, 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Bench heard matter IB-143/ND/2022 with connected application IA-2042/ND/2026. The proceedings involved Orbis Trusteeship Services Private Limited as the applicant/petitioner versus Nobal Buildtech Private Limited as the respondent. The case was filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The hearing was conducted through hybrid mode (VC and physical). Legal representatives for both parties were present, including Anant Jain, Hemant Sethi, Aryan Chhabra, Adv. Amar Vivek, Aditya Gauri, Damini Srestha, Adv. N Singh Bagga, Adv. Kashish Mathur, and other advocates.
Final Outcome
The bench, comprising Hon'ble Member (Judicial) Ashok Kumar Bhardwaj and Hon'ble Member (Technical) Atul Chaturvedi, adjourned the matter due to time constraints as it was already 1:00 PM. The case has been listed for the next hearing on July 24, 2026. No substantive decisions or rulings were made in this order.
Topics: Insolvency Proceeding, Court Adjournment, Corporate Debt