Case Details

Case Name: Orbis Trusteeship Services Private Limited vs Nobal Buildtech Private Limited

Court/Authority: National Company Law Tribunal, New Delhi Bench (Court - II)

Case Number: IB-143/ND/2022

Interlocutory Application Number: IA-2042/ND/2026

Date of Order: 22nd May 2026

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

Parties Involved

Petitioner/Applicant: Orbis Trusteeship Services Private Limited

Respondent: Nobal Buildtech Private Limited

Legal Representatives Present:

  • For the Applicant: Adv. Anant Jain, Mr. Hemant Sethi (RP) in IA-2042/2026
  • For the Respondent: Not specified in attendance details
  • For the Financial Creditor: Shivam Saran, Adv. Kavya, Adv. Sumesh Dhawan, Adv. Mallika Kamal
  • Additional representation: Adv. Naman Singh Bagga, Adv. Kashish Mathur

Bench Members:

  • Sh. Ashok Kumar Bhardwaj, Hon'ble Member (Judicial)
  • Sh. Atul Chaturvedi, Hon'ble Member (Technical)

Order Details

The matter was heard through hybrid mode (VC and Physical). The Tribunal noted "No time left" and accordingly adjourned the proceedings. The matter has been listed for next hearing on 10th June 2026.

Final Ruling

The order constitutes an adjournment without any substantive decision on the merits of the Section 7 application. No findings, observations, penalties, or directions were issued in this order. The case remains pending before the NCLT New Delhi Bench.