Authority: National Company Law Tribunal, New Delhi Principal Bench
Order Date: 10 June 2026
Case Overview
The National Company Law Tribunal (NCLT), New Delhi Principal Bench, presided over by Justice Anupinder Singh Grewal (Hon'ble President) and Shri Ravindra Chaturvedi (Hon'ble Member - Technical), has reserved its order in a petition filed under Section 9 of the Insolvency & Bankruptcy Code, 2016. The petition was filed by Cubix Control Systems Private Limited (Petitioner) against Zazz Technology Connect Private Limited (Respondent). The hearing was conducted in hybrid mode (physical and video conference).
Three interim applications were part of the proceedings: IA-1441/2025, IA-2728/2025, and IA-3393/2025. Arguments were presented by advocates representing both parties. For the applicant (Cubix Control Systems), Mr. Rishi Kapoor, Advocate, appeared (though his appearance was not formally marked in the record). For the respondents (Zazz Technology Connect), Mr. Karamveer and Mr. Ajay Kumar, Advocates, appeared.
Final Outcome
The bench has reserved its order after hearing arguments from both sides. The final ruling on the Section 9 insolvency petition and the interim applications remains pending until the tribunal delivers its written order.
Topics: Insolvency Petition, Corporate Debt, NCLT Proceeding