Authority: National Company Law Tribunal Kolkata Bench (Court I)

Order Date: 16th June 2026

Case Overview

The matter involves corporate insolvency resolution proceedings initiated by the State Bank of India against Deccan Tradcom Private Limited under Section 7 of the Insolvency and Bankruptcy Code (IBC). The case is registered as C.P. (IB)/115(KB)2022 with an interlocutory application IA(IBC)(DIS.)/27(KB)2025. The hearing was presided over by a division bench consisting of Hon'ble Member (Judicial) Smt. Bidisha Banerjee and Hon'ble Member (Technical) Ms. Rekha Kantilal Shah. Mr. Siddhanth Makkar, Advocate, appeared for the Liquidator via video conferencing or physically.

Final Outcome

The Tribunal directed the Liquidator to file an affidavit regarding the surrendering of registered numbers, which must be provided before the next date of hearing. The matter has been adjourned and listed for further consideration on 21st July 2026.

Topics: Insolvency Proceedings, NCLT Order