Authority: National Company Law Tribunal, New Delhi Principal Bench
Order Date: July 7, 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Principal Bench heard matter TP (Co. Act.)- 02(PB)/2024 (Old CP No. 06/2016) between Tata Teleservices Limited (and another) as Petitioner versus Loop Telecom Limited as Respondent. The proceedings involve a petition under Sections 433(e)/433(f) of the Companies Act, 1956, which pertain to the winding-up of companies. During the hybrid hearing (physical and video conference), Ms. Shubhi Agarwal, counsel for Loop Telecom Limited (Respondent), informed the bench that the counsel who was scheduled to argue the case was facing personal difficulties and unable to proceed.
Final Outcome
The bench comprising Justice Anupinder Singh Grewal (President) and Shri Ravindra Chaturvedi (Member Technical) adjourned the hearing and directed the parties to complete their pleadings in the interim period. The matter has been listed for next hearing on September 15, 2026.
Topics: Legal Proceedings, Company Winding-Up, Telecom Sector