Authority: National Company Law Tribunal, New Delhi Bench (Court-II)
Order Date: 08 July 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Bench heard matter IB-1048/ND/2019, which is an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (CIRP). The case involves Worldwide Metals Pvt. Ltd. as the applicant/operational creditor and J.P. Engineers Pvt. Ltd. as the respondent/corporate debtor. Multiple interlocutory applications are pending in this matter, specifically IA-1486/ND/2023, IA-3029/ND/2022, and IA-3899/ND/2020. The hearing was conducted through hybrid mode (virtual and physical appearance).
Final Outcome
The bench comprising Hon'ble Member (Judicial) Ashok Kumar Bhardwaj and Hon'ble Member (Technical) Atul Chaturvedi noted that there was "no time left" to hear the matter. Consequently, the case was adjourned and listed for the next hearing on 10 August 2026. No substantive orders were passed on the merits of the case or the pending applications.
Topics: NCLT Proceedings, Insolvency Petition, Case Adjournment