Case Details

Case Name: Origin Appliances Pvt. Ltd. (Petitioner) Vs. Indospririt Bars Pvt. Ltd. (Respondent)

Court/Authority: National Company Law Tribunal (NCLT), New Delhi Principal Bench

Case/Order No.: Item No. 108 (IB)-162(PB)/2026

Date of Order: 19 May 2026

Nature of Petition: Petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC).

Parties Involved

Petitioner: Origin Appliances Pvt. Ltd.

Represented by: Mr. Alok Jha, Advocate

Respondent/Corporate Debtor: Indospririt Bars Pvt. Ltd.

Represented by: Mr. Anand Shankar Jha and Parvez Rahman, Advocates

Bench: Justice Anupinder Singh Grewal (Hon'ble President) and Shri Ravindra Chaturvedi (Hon'ble Member - Technical)

Procedural Update & Next Steps

The hearing was conducted in a hybrid mode (physical and video conference).

Counsel for the Petitioner submitted that notice had been issued to the respondent and prayed for time to place the Affidavit of Service on record.

Counsel for the Respondent, Mr. Anand Shankar Jha, entered an appearance on behalf of Indospirit Bars Pvt. Ltd. (Corporate Debtor) and prayed for four weeks' time to file the Vakalatnama (power of attorney) and their formal response to the petition.

The tribunal has listed the matter for the next hearing on 15 July 2026.

Current Status

This is a procedural order. The substantive issues, allegations, and financial details of the operational debt and default have not been argued or detailed in this order. The matter is at a preliminary stage.