Authority: National Company Law Tribunal, New Delhi Bench (Court-II)
Order Date: 10th July 2026
Case Overview
The matter involves an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 filed by M/s. T & D Hospitality India LLP (Applicant/Petitioner) against M/s. Explo Media Private Limited (Respondent). The case bears multiple interim application numbers: IB-689/ND/2020, IA-2951/ND/2022, IA-4958/ND/2023, IA-2985/ND/2022, IA-5164/ND/2024, IA-45/ND/2024, and CA-7/ND/2025. The hearing was conducted through hybrid mode (VC and Physical). Appearances were recorded for the applicant, respondent represented by Adv Vinod Chaurasia, Mr. Avadh Bihari Kaushik Advocate, Mr. Vinod Chaurasia Advocate, and Mr. Rishabh Kumar Advocate, and for the liquidator represented by Adv. Rakesh Takyar.
Final Outcome
The bench comprising Hon'ble Member (J) Sh. Ashok Kumar Bhardwaj and Hon'ble Member (T) Sh. Atul Chaturvedi noted "No time left" and adjourned the matter without passing any substantive order. The case has been listed for the next hearing on 12th August 2026.
Topics: Insolvency Proceeding, NCLT Adjournment, Corporate Dispute