Authority: National Company Law Tribunal (NCLT), Kolkata Bench, Court-II
Order Date: 30th June 2026
Case Overview
This is an order from a hearing in an insolvency petition filed under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The petition was filed by Stemztech Industries Private Limited (the Financial Creditor) against Oscorp Industries Private Limited (the Corporate Debtor). The matter was heard by a special bench consisting of Member (Judicial) Shri Cheekati Radha Krishna and Member (Technical) Ms. Rekha Kantilal Shah. The Financial Creditor was represented by advocates Mr. Kumarjit Banerjee, Ms. Sanchari Chakraborty, and Mr. Aadil Naushad. The Corporate Debtor was represented by advocates Mr. Shaunak Mitra and Mr. P.P. Bishwal.
Final Outcome
The bench, upon a request made by the learned counsel for the Financial Creditor, adjourned the hearing. The matter has been listed for its next hearing before the Regular Bench on 13th July 2026. No substantive order on the admission or rejection of the petition was passed in this hearing.
Topics: Insolvency Proceeding, NCLT Hearing, Corporate Debt