Authority: National Company Law Tribunal, Bengaluru Bench
Order Date: 09 June 2026
Case Overview
The matter involves an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 by M/s Technocraft Industries (India) Ltd (Petitioner) against M/s L & W Construction Pvt. Ltd (Respondent). The petition was listed as C.P. (IB) No. 161/BB/2025. The bench comprised Hon'ble Member (Judicial) Shri. Sunil Kumar Aggarwal and Hon'ble Member (Technical) Shri. Radhakrishna Sreepada. The petitioner was represented by Shri Atishay Jain, while the respondent appeared but had not marked their attendance sheet.
Final Outcome
The Tribunal noted that the petitioner had recently e-filed a rejoinder and sought additional time to file the physical copy. The respondent confirmed receipt of the soft copy. The bench directed the petitioner to complete the necessary filing and adjourned the case. The matter is next listed for hearing on 03 August 2026.
Topics: Insolvency Petition, NCLT Proceeding, Corporate Debt