Saluja Construction NCLT Insolvency Petition Adjourned

Case Details

Case Name: In the matter of Aditya Gupta vs. Saluja Construction Company Ltd.

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

Case No.: Item No. 106 (IB)-166(PB)/2026

Order Under: Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016

Order Date: 19 May 2026

Parties Involved

Petitioner: Aditya Gupta

Represented by: Mr. Vinayak Mehtrotra and Ms. Sonali Jain, Advocates

Respondent/Corporate Debtor: Saluja Construction Company Ltd.

Represented by: Mr. Mohit Nandwani, Advocate

Tribunal Coram:

• Justice Anupinder Singh Grewal, Hon'ble President
• Shri Ravindra Chaturvedi, Hon'ble Member (Technical)

Final Ruling & Enforcement

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

• The counsel for the respondent, Mr. Mohit Nandwani, appeared and prayed for two weeks' time to file the Vakalatnama (power of attorney) and a formal response to the insolvency petition.
• The counsel for the petitioner prayed for time to file a rejoinder to the respondent's reply. The tribunal directed that the rejoinder may be filed within one week after the respondent's reply is submitted, with an advance copy to the other side.
• The case has been adjourned and is now listed for its next hearing on 08 July 2026.

This is a procedural order dealing with the scheduling of filings and the next hearing date. The substantive issues of the insolvency petition, including the alleged default and any financial impact, have not been adjudicated at this stage.