Authority: National Company Law Tribunal (NCLT), New Delhi Bench (Court – II)

Order Date: 12 June 2026

Case Overview

This matter pertains to an application (New IA-2684/ND/2026) filed in the ongoing proceedings under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC). The applicant was J.C. Flowers Asset Reconstruction Pvt. Ltd. and the respondent was Bliss House Private Limited. The application sought the clubbing of the Corporate Insolvency Resolution Process (CIRP) for a group of six companies. The bench was composed of Hon'ble Member (Judicial) Sh. Ashok Kumar Bhardwaj and Hon'ble Member (Technical) Sh. Atul Chaturvedi.

Final Outcome

The tribunal disposed of the application in terms of its previous order dated 11.06.2026, which was passed in IA-2651/ND/2026 in CP (IB)- 32/ND/2026. The NCLT ordered the clubbing of the CIRP for the following six companies: (i) Imagine Home Private Limited, (ii) Bliss Abode Private Limited, (iii) Bliss House Private Limited, (iv) Imagine Estate Private Limited, (v) Imagine Residence Private Limited, and (vi) Imagine Habitat Private Limited. This means the resolution process for these entities will be conducted jointly as a single process.

Topics: Insolvency, NCLT Order, CIRP Clubbing