Case Details
Case Name: Suresh Devi vs. Vigneshwara Developers Private Limited
Court/Authority: National Company Law Tribunal, New Delhi Principal Bench
Case Number: Item No. 201 TP (Co. Act.)- 24(PB)/2025 (Old CP No. 442/2015)
Order Date: May 21, 2026
Nature of Case: Petition under Section 433(e)/433(f) of Companies Act, 2013 (Insolvency petition)
Parties Involved
Petitioner: Suresh Devi
Respondent: Vigneshwara Developers Private Limited (with reference to Vigneshwara Developwell Pvt. Ltd.)
Tribunal Bench:
- Justice Anupinder Singh Grewal (Hon'ble President)
- Shri Ravindra Chaturvedi (Hon'ble Member - Technical)
Procedural History
The arguments in the petition were heard and the matter was reserved for orders on May 12, 2026, along with a batch of other connected matters for the Corporate Debtor.
Issues / Discrepancies
Upon perusal of documents, the Tribunal identified a naming discrepancy:
- The petition was filed against "M/s Vigneshwara Developwell Pvt. Ltd."
- The filing in the DMS (Document Management System) reflects the name as "M/s Vigneshwara Developers Private Limited"
Tribunal Directions
Due to this discrepancy, the Tribunal:
- Dereserved the matter from the batch of connected cases
- Directed the applicant (petitioner) and counsel for the applicant to clarify the naming conflict
- Required separate affidavits to be filed within 3 days of the order date
Next Hearing
The matter has been relisted for hearing on June 29, 2026.
Final Observation
This order addresses a procedural discrepancy regarding respondent naming conventions and does not contain substantive findings on insolvency, violations, or financial matters. The case remains pending until the naming clarification is provided.