Authority: National Company Law Tribunal, New Delhi Court – IV (Special Bench)
Order Date: 15 July 2026
Case Overview
The National Company Law Tribunal (NCLT) heard a new interlocutory application (IA/3135/ND/2026) filed in the ongoing insolvency proceedings against Spaze Towers Pvt Ltd. The application was filed by Vivek Khanna & Ors. against Spaze Towers Pvt Ltd. under Section 7 of the Insolvency & Bankruptcy Code, 2016. The case is registered as IB/284/(PB)/2021. The hearing was conducted in a hybrid mode (physical and video conference). Representation included Mr. Guneet Sidhu for the applicant, Mr. Rishabh Singh and Mr. Shyam Kishor Singh for Omega Pvt. Ltd., and Mr. Naman Gandhi and Mr. Sikhar Tiwari for the Resolution Professional. The bench comprised Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Yogendra Kumar Singh.
Final Outcome
The NCLT bench adjourned the hearing of the new interlocutory application (IA/3135/ND/2026) to 5th August 2026. The order was made because similar interlocutory applications were already listed for hearing on that date. The matter will now be heard alongside those applications.
Topics: Insolvency Proceeding, NCLT Hearing, Adjournment