Authority: National Company Law Tribunal, New Delhi Court - IV
Order Date: 12 June 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi heard multiple interconnected applications including IA/1618/ND/2024, IA/6007/ND/2022, Contempt Petition /15/ND/2023, IA/4705/ND/2025, IA/3298/ND/2024, and IA/3336/ND/2024 in the main insolvency petition IB/361/ND/2020. The matter involves Volkswagen Finance Private Limited as the applicant and EVO Green Trading Private Limited as the respondent under Section 7 of the Insolvency and Bankruptcy Code, 2016. The hearing was conducted in hybrid mode (physical and video conference) before the bench comprising Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Atul Chaturvedi. Advocates representing various parties were present, including Mr. Abhishek Anand and Mr. Karan Kohli for the Resolution Professional, and Mr. Janender Kr. Chumbak representing Kotak Mahindra Ltd.
Final Outcome
The tribunal adjourned the matter due to paucity of time. The next hearing is scheduled for 23 July 2026. The order was signed by Member (Technical) Shri Atul Chaturvedi.
Topics: Insolvency Proceedings, Court Adjournment