Case Details
Case Name: Northern Arc Capital Limited vs Upscalio India Private Limited
Court/Authority: National Company Law Tribunal, Chandigarh Bench (Court – II) (Special Bench)
Case Numbers: IA(IBC)(PLAN)/5(CH)2025, IA(I.B.C)/2532(CH)2024, IA(I.B.C)/677(CH)2025, IVN.P (IBC)/4(CH)2026 in CP (IB) No. 284/Chd/Hry/2023 (Admitted)
Date of Order: 19 May 2026
Under Section: 7, 30, 60(5) & 66 of the Insolvency and Bankruptcy Code, 2016
Parties Involved
Petitioner/Applicant: Northern Arc Capital Limited
Respondent: Upscalio India Private Limited
Resolution Professional: Mr. Kanti Mohan Rustagi (present through Video Conference)
Legal Representative for RP: Ms. Sunint Kaur, Advocate
Bench Members: Shri. Shishir Agarwal (Member Technical) and Shri. K. Biswal (Member Judicial)
Final Ruling & Enforcement
The National Company Law Tribunal, Chandigarh Bench, adjourned the matter and listed it before the Regular Bench on 01 June 2026. The order was signed by both bench members: Shri. Shishir Agarwal (Member Technical) and Shri. K. Biswal (Member Judicial).
Note: This is a procedural order for adjournment. The substantive issues, allegations, findings, penalties, or corrective actions related to this insolvency case are not detailed in this particular order.