Case Details
Case Name: Bibhuti Bhushan Biswas and Ors Versus Samyak Projects Private Limited
Court/Authority: National Company Law Tribunal, New Delhi Bench (Court - II)
Case Number: (IB)-317(PB)/2024 and Cont.Pett.- 37/ND/2025
Legal Provision: Section 7 of Insolvency and Bankruptcy Code, 2016
Order Date: 21 May 2026
Parties Involved
Petitioners/Applicants: Bibhuti Bhushan Biswas and Others
Respondent: Samyak Projects Private Limited
Legal Representation:
- For Homebuyers: Adv. Rachit Mittal, Adv. Kanishk Raj, Adv. Srishti Agarwaal, Adv. Shivaansh Bansal
- For Samyak Projects: Adv. Vaishnavi Prakash
Hearing Details
Hearing Mode: Virtual Court and Physical (Hybrid) Mode
Final Ruling & Enforcement
The National Company Law Tribunal, New Delhi Bench, comprising Hon'ble Member (J) Sh. Ashok Kumar Bhardwaj and Hon'ble Member (T) Sh. Atul Chaturvedi, adjourned the hearing without any substantive proceedings. The matter has been listed for next hearing on 28 May 2026. The order simply states "No time left" as the reason for adjournment.
No findings, observations, penalties, settlements, directions, or corrective actions were issued in this order. The case remains pending for further hearing on the scheduled date.