Authority: National Company Law Tribunal (NCLT), New Delhi Court-IV, Bench comprising Member (Judicial) Shri Mahendra Khandelwal and Member (Technical) Shri Atul Chaturvedi
Order Date: 08 June 2026
Case Overview
This order pertains to two Interlocutory Applications (IAs) within the main insolvency petition (IB/446/ND/2023). The main petition was filed under Section 7 of the Insolvency and Bankruptcy Code, 2016, by IDBI Trusteeship Services Limited (Financial Creditor/Applicant) against DSS Infrastructure Private Limited (Corporate Debtor/Respondent) for initiation of Corporate Insolvency Resolution Process (CIRP).
The specific IAs addressed are:
1. IA (Plan)/25/ND/2025: This application relates to the approval of a resolution plan for the corporate debtor. The tribunal listed this matter for the next hearing on 10 July 2026.
2. IA/3793/ND/2024: This is an interlocutory application filed within the insolvency proceedings. Counsel for the applicant informed the tribunal that, in compliance with the tribunal's order dated 21 May 2026, they had filed additional written submissions, which were available on the e-portal. Written submissions on behalf of the respondent were already on record. After noting the submissions from both sides, the tribunal reserved its order on this particular IA.
Final Outcome
The order on IA/3793/ND/2024 was reserved. The matter concerning the resolution plan (IA (Plan)/25/ND/2025) was adjourned and is scheduled for the next hearing on 10 July 2026. The insolvency proceedings against DSS Infrastructure Private Limited remain ongoing.
Topics: NCLT, Insolvency, Corporate Debt