Authority: National Company Law Tribunal, Court-V, Mumbai Bench
Order Date: June 9, 2026
Case Overview
This matter concerns Interim Application No. IA/2338/2026 in the main Company Petition (IB)/1152(MB)2023, filed by Vivriti Capital Limited against Green Soul Ergonomics Private Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. The application was filed by the Resolution Professional (RP) seeking exclusion of 35 days from the Corporate Insolvency Resolution Process (CIRP) timeline.
The bench comprised Judicial Member Ashish Kalia and Technical Member Charanjeet Singh Gulati. The RP was represented by counsels Ms. Neha Shivhare and Ms. Anoushka Chauhan, who appeared via video conference.
Final Outcome
The Tribunal did not rule on the merits of the application for time exclusion. The RP's counsel informed the bench that a similar application for a prior period is scheduled for consideration on June 22, 2026. Based on this submission, the bench adjourned the matter and directed that IA/2338/2026 be listed for further consideration on June 22, 2026. The order was signed by both members of the bench.
Topics: Insolvency Proceedings, NCLT Adjournment, CIRP Timeline