Authority: National Company Law Tribunal Bench – VI, New Delhi
Order Date: 09.07.2026
Case Overview
This matter involved an application filed by M/s Quantum International Pvt. Ltd. (Operational Creditor) under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against M/s Amishi Consumer Technologies Pvt Ltd (Corporate Debtor). The application was registered as CP(IB)/258/(ND)/2025.
The Adjudicating Authority noted that in a separate proceeding (CP(IB)469/2025), CIRP had already been initiated against the same Corporate Debtor (M/s Amishi Consumer Technologies Pvt Ltd) vide order dated 02.07.2026.
Final Outcome
The Tribunal declared the present application (CP(IB)258/2025) infructuous due to the prior initiation of CIRP against the Corporate Debtor in the separate proceeding. The application was accordingly disposed of.
Topics: Insolvency, Corporate Debt, NCLT Proceedings