Authority: National Company Law Tribunal, Bengaluru Bench (Special Bench)
Order Date: 06.07.2026
Case Overview
The National Company Law Tribunal, Bengaluru Bench heard matters related to CP(IB) No. 12/BB/2021, which is a petition filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 by M/s Park View Developers Pvt Ltd. against M/s SDU Travels Pvt Ltd. The case involves multiple interlocutory applications numbered IA 175, 275, 276/2023 and IA 270/2025, 12, 38/2026. The matter was heard by a Special Bench comprising Shri. Sunil Kumar Aggarwal (Member Judicial) and Shri. Banwari Lal Meena (Member Technical). Multiple parties were represented by counsel, including the petitioner, liquidator, various respondents, and the erstwhile resolution professional.
Final Outcome
The Tribunal listed the matter for next hearing on 02.09.2026 specifically for arguments on the pending applications. This is a procedural order that advances the case to the next stage of hearing without making any substantive determinations on the merits of the applications or the main petition.
Topics: Insolvency Proceedings, NCLT Hearing, Corporate Debt