Authority: National Company Law Tribunal, New Delhi Court-IV
Order Date: 09 July 2026
Case Overview
The National Company Law Tribunal (NCLT), New Delhi Court-IV, heard an insolvency petition filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The application was submitted by Rare Asset Reconstruction Ltd. (Applicant) against WTC NOIDA Development Company Pvt. Ltd. (Respondent). The matter was listed as Item No.402 IB/282/ND/2026 and was heard through hybrid mode (physical and video conference).
Final Outcome
The bench comprising Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Atul Chaturvedi adjourned the case due to paucity of time. The next hearing is scheduled for 31 July 2026. The applicant was represented by Advocates Neeha Nagpal and Ajatshatru Singh Rawat, while no representation was noted for the respondent.
Topics: Insolvency, NCLT Proceeding