Authority: National Company Law Tribunal, New Delhi Bench Court-IV
Order Date: 08 June 2026
Case Overview
This order addresses two applications (IA (IBC)/5501/2025 in IB/39/ND/2025 and IB/39/ND/2025) in the matter between New Era Trading Private Limited OPC (Applicant/Petitioner) and Ansa Polymers Limited (Corporate Debtor/Respondent). The bench consisted of Hon'ble Member (Judicial) Shri Manni Sankariah Shanmuga Sundaram and Hon'ble Member (Technical) Shri Atul Chaturvedi.
The Adjudicating Authority had previously initiated the Corporate Insolvency Resolution Process (CIRP) against Ansa Polymers Limited through its order dated 01 June 2026 in Company Petition No. (IB)-158 (ND)/2025. Mr. Kamlesh Kumar Sharma (email: ipkksharma@gmail.com, IBBI registration number: IBBI/IPA-003/00428/2022-2023/14232) was appointed as the Interim Resolution Professional (IRP) for the corporate debtor.
Final Outcome
The applicant (New Era Trading Private Limited OPC) was directed to approach the appointed IRP and take steps to file their claim, which would be considered in accordance with law. Consequently, Company Petition No. IB/39/ND/2025 was disposed of. Additionally, in view of the admission order initiating CIRP, IA/5501/ND/2025 was declared infructuous and accordingly disposed of.
Topics: Corporate Insolvency, NCLT Proceedings