NCLT Chandigarh Issues Notice in Accil Steel Insolvency Case

NCLT Chandigarh Bench issues notice on IA seeking dismissal of insolvency petition filed by Hella Infra against Accil Steel Processors.
The Tribunal directs Accil Steel Processors to file a reply within two weeks and allows a rejoinder within one week thereafter.
The matter has been listed for arguments on 18th May 2026, continuing the proceedings under CP(IB) No. 25/Chd/Hry/2024.
The application was filed under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 by the respondent company.