Authority: National Company Law Tribunal, Bengaluru Bench
Order Date: October 9, 2026
Case Overview
The matter involves an insolvency petition filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 by financial creditors India Asset Growth Fund and Vistra (ITCL) India Ltd against corporate debtor Vikram Structures Pvt Ltd. The case is registered as CP(IB) No. 246/BB/2019. During the hearing on October 9, 2026, no counsels were present for either the petitioners or the respondent company. The bench comprised Judicial Member Sunil Kumar Aggarwal and Technical Member Radhakrishna Sreepada.
Final Outcome
The Tribunal adjourned the matter and listed the interlocutory application (IA (Liq.) PR 143/2026) along with the main petition for the next hearing on November 2, 2026. No substantive orders were passed regarding the insolvency petition itself.
Topics: Corporate Insolvency, NCLT Proceedings, Debt Resolution