Case Details

  • Case Name: Vivek Khanna & Ors. vs. Spaze Towers Pvt Ltd
  • Court/Authority: National Company Law Tribunal, New Delhi Court-IV
  • Case Number: IB/284/(PB)/2021 with multiple IA numbers (IA(Plan)/68/ND/2025, IA(Plan)/74/ND/2025, IA/3457/ND/2025, IA/3253/ND/2025, IA/5202/ND/2025, IA/4728/ND/2025, IA/616/ND/2026, IA/617/ND/2026, IA/618/ND/2026, IA/843/ND/2025, IA/844/ND/2025, IA/1116/ND/2026, IA/1637/ND/2026, IA/1804/ND/2026)
  • Legal Basis: Under Section 7 of Insolvency and Bankruptcy Code (IBC) 2016
  • Order Date: 21 May 2026
  • Coram: Shri Mahendra Khandelwal (Hon'ble Member - Judicial) and Shri Atul Chaturvedi (Hon'ble Member - Technical)
  • Hearing Type: Hybrid Hearing (Physical & Video Conference)

Parties Involved

Applicants/Represented by:

  • Adv. Mr. Nakul Mohta, Adv. Ms. Saijal Arora and CS Lovkesh Batra (IA 1637 of 2026)
  • Adv. Guneet Singh Sidhu (IA 1116 of 2026)
  • Adv. Gurcharan Singh and Adv. Amardeep Singh (for applicant in IA 5202/2025 and 4728/2025)
  • Adv. Siddhant Asthana and Adv. Siddhartha Negi (for applicants in IA/ND/616/2026, IA/ND/617/2026, IA/ND618/2026 & IA/ND/1804/2026)
  • Adv. Natasha Garg, Adv. Thakur Ankit Singh, Adv. Liza Arora (in IA-3457/2025)
  • Adv. Karan Rajpurohit, Adv. Anikesh Brahma (in IA 3253/2025)
  • Adv. Karan Gandhi, Adv. Sikhar Tiwari, Adv. Riya Jain

For Resolution Professional:

  • Adv. Sumesh Dhawan, Adv. Vatsala Kak, Adv. Sagar Thakkar, Adv. Ipshita Das (in IA-68/2025)

For SRA:

  • Not specifically represented in this hearing

Final Ruling & Enforcement

  • The matter was adjourned to 06 July 2026 due to paucity of time
  • The order was signed by Shri Atul Chaturvedi, Member (Technical)
  • No substantive decisions were made in this hearing beyond the adjournment