Authority: National Company Law Tribunal, New Delhi Court - IV
Order Date: 12 June 2026
Case Overview
The matter involves an insolvency petition filed by Tricolite Electrical Industries Ltd. (Applicant) against HBN Homes Colonisers Pvt. Ltd. (Respondent) under Section 9 of the Insolvency and Bankruptcy Code, 2016. The case is being heard by a two-member bench consisting of Shri Mahendra Khandelwal (Hon'ble Member - Judicial) and Shri Atul Chaturvedi (Hon'ble Member - Technical). The hearing was conducted in hybrid mode (physical and virtual conference). Representatives for both the applicant and the resolution professional were present during the proceedings.
Final Outcome
The tribunal adjourned the matter to 22 July 2026 due to paucity of time. No substantive hearing or decision on the merits of the insolvency petition occurred during this session.
Topics: Insolvency Proceedings, NCLT Adjournment, Corporate Dispute