Authority: National Company Law Tribunal, New Delhi Court-V (Single Bench)
Order Date: 11 June 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Court-V heard matters related to case IB-375/PB/2018, which involves an insolvency petition filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The applicant is M/s. Bipin Industries Pvt. Ltd. and the respondent is M/s. ABW Infrastructure Ltd. The hearing was conducted in hybrid mode (physical and video conference).
Legal representation was present for both parties: Mr. Lakshay Agarwal represented the applicant (Bipin Industries), while Mr. Arvind Nayar (Senior Advocate) led the team for the respondent (ABW Infrastructure) along with Mr. Chirag Basu, Ms. Shalini Sati Prasad, Mr. Ayush Yadav, and Mr. Akshay Joshi as advocates.
The bench, presided over by Hon'ble Member (Judicial) Shri Manni Sankariah Shanmuga Sundaram, addressed a new interlocutory application numbered IA/2641/2026 filed in the matter.
Final Outcome
The tribunal ordered that the new application (IA/2641/2026) be listed along with the main matter before the Regular Bench on 20 July 2026. This constitutes an adjournment of proceedings without any substantive decision on the merits of the insolvency petition at this hearing.
Topics: Insolvency Proceeding, Corporate Debt Dispute, Tribunal Adjournment