Authority: National Company Law Tribunal, New Delhi Bench (Court – II)
Order Date: 11 June 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Bench heard matter IB-23/ND/2022 with connected application IA-314/ND/2025. The case involves Smt. Saroj Bala Ruhil as the applicant versus Incred Financial Services LTD. as the respondent. The proceedings are being conducted under Section 94 of the Insolvency and Bankruptcy Code, 2016. The hearing was conducted through hybrid mode (both virtual conference and physical appearance).
Final Outcome
The bench comprising Hon'ble Member (Judicial) Ashok Kumar Bhardwaj and Hon'ble Member (Technical) Atul Chaturvedi noted "No time left" and adjourned the matter. The case has been listed for the next hearing on 31 July 2026. No substantive decisions or rulings on the merits of the case were made in this order.
Topics: NCLT Proceedings, Insolvency Matter, Case Adjournment