Authority: National Company Law Tribunal, New Delhi Principal Bench
Order Date: 08 July 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Principal Bench, comprising Justice Anupinder Singh Grewal (President) and Shri Ravindra Chaturvedi (Member Technical), heard a petition filed under Section 7 of the Insolvency & Bankruptcy Code, 2016. The petition was filed by Aditya Gupta (Petitioner) against Saluja Construction Company Ltd. (Respondent). The hearing was conducted in hybrid mode (physical and video conference).
During the proceedings, the Petitioner's counsel, Mr. Vinayak Mehrotra, informed the Tribunal that he had recently received a copy of the Respondent's reply and needed to take instructions regarding the veracity of certain averments made therein. He therefore requested time to file a rejoinder to the Respondent's reply.
The Respondent was represented by advocates Mr. Mohit Nandwani, Mr. Om Gulati, and Ms. Aditi Yadav.
Final Outcome
The Tribunal granted the Petitioner one week to file the rejoinder. The matter was adjourned and listed for the next hearing on 22 July 2026. The insolvency petition remains pending before the NCLT, with no admission or dismissal decision made in this order.
Topics: Insolvency Proceeding, Construction Sector Litigation