Authority: National Company Law Tribunal, New Delhi Principal Bench
Order Date: 09.06.2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Principal Bench, comprising Justice Anupinder Singh Grewal (President) and Shri Ravindra Chaturvedi (Member Technical), heard an insolvency petition filed under Section 7 of the Insolvency & Bankruptcy Code, 2016. The petition was filed by Religare Comtrade Ltd. (Financial Creditor/Petitioner) against RHC Holdings Pvt Ltd. (Respondent). The hearing was conducted in hybrid mode (physical and video conference).
During the proceedings, learned counsel for the petitioner submitted that an appeal bearing Company Appeal (AT) (Ins.) No. 645 of 2022 is pending consideration before the National Company Law Appellate Tribunal (NCLAT), which has a bearing on this application.
Final Outcome
The NCLT bench adjourned the matter and listed it for next hearing on 10.08.2026, pending the outcome of the related appeal before NCLAT. No substantive decision on the insolvency petition was made in this order.
Topics: Insolvency Proceedings, Corporate Legal Dispute, NCLT Adjournment