Authority: National Company Law Tribunal (NCLT), Allahabad Bench, Prayagraj
Order Date: 10th June, 2026
Case Overview
This order pertains to two Interlocutory Applications (IAs) filed within the main Corporate Insolvency Resolution Process (CIRP) case, CP (IB) No.83/ALD/2024, initiated under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC). The case involves Krishna Bhagwan Kotak as the applicant and BoxcoWorld Private Limited as the corporate debtor. The hearing was presided over by a division bench consisting of Sh. Praveen Gupta, Hon'ble Member (Judicial) and Sh. Ashish Verma, Hon'ble Member (Technical). The Resolution Professional (RP) was represented by counsel Ms. Eshna Kumar and Ms. Astha Agrawal.
IA No.282/2026 was an application filed by the Resolution Professional to take on record a revised list of creditors and members of the Committee of Creditors (CoC). The counsel for the RP submitted that HDFC Bank had filed its claim, which had been collated, necessitating a revision of the CoC membership list. The revised list was presented at Page 12 of the application's paper book.
IA No.284/2026 was the 4th Progress Report filed by the Resolution Professional for the tribunal to take on record.
Final Outcome
The tribunal allowed both applications. IA No.282/2026 was allowed, and the revised list of CoC members was taken on record. IA No.284/2026 was also allowed, and the 4th Progress Report was taken on record, subject to just exceptions. Both IAs were disposed of. The main insolvency petition (CP) was adjourned and listed for its next hearing on 7th July, 2026.
Topics: Insolvency Proceeding, Committee of Creditors, NCLT Order