Authority: National Company Law Tribunal, Bengaluru Bench (Special Bench)
Order Date: July 6, 2026
Case Overview
The National Company Law Tribunal, Bengaluru Bench heard Restoration Application No. 5/2026, which arises from CP(IB) No. 37/BB/2026. The application was filed by Gangadharappa Munindra Kumar (Petitioner) against Eaglesight Media Pvt Ltd (Respondent) under Section 7 of the Insolvency and Bankruptcy Code, 2016. The matter was heard by a special bench consisting of Shri. Sunil Kumar Aggarwal (Member Judicial) and Shri. Banwari Lal Meena (Member Technical).
Final Outcome
The tribunal issued procedural directions for the restoration application:
- Notice of the restoration application is to be issued to the respondent (Eaglesight Media Pvt Ltd)
- The applicant's counsel must collect the notice and serve it on the respondent along with the application and supporting documents through both email and speed post
- An affidavit of service along with tracking reports must be filed in the registry within one week of service
- The respondent is directed to file its reply to the application within two weeks of receiving notice
- The applicant is granted two weeks after the respondent's reply to file a rejoinder, if any
- The matter has been listed for the next hearing on August 10, 2026
Topics: NCLT Proceedings, Corporate Insolvency, Restoration Application