Authority: National Company Law Tribunal, New Delhi Bench (Court - II)

Order Date: 10 June 2026

Case Overview

The National Company Law Tribunal (NCLT) New Delhi Bench heard matters related to Contempt Petition No. 37/ND/2025 and Company Petition No. (IB)-317(PB)/2024. The case involves Bibhuti Bhushan Biswas and Others (Applicants/Petitioners) versus Samyak Projects Private Limited (Respondent) under Section 7 of the Insolvency and Bankruptcy Code, 2016. The hearing was conducted through hybrid mode (VC and Physical). Legal representation was present for both parties: Senior Advocate Vivek Kohli, Advocate Sandeep Bhuraria, and Advocate Vasudha Chadha appeared for Samyak Projects Private Limited, while Advocate Rachit Mittal, Advocate Parish Mishra, Advocate Kanishk Raj, Advocate Srishti Agrawal, and Advocate Shivansh Bansal appeared for the home/housing side.

Final Outcome

The Bench, comprising Hon'ble Member (J) Ashok Kumar Bhardwaj and Hon'ble Member (T) Atul Chaturvedi, noted that it was already 1:00 PM with no time left for proceedings. The matter was consequently adjourned and listed for the next hearing on 16 July 2026. The order was signed by both members of the Bench.

Topics: Insolvency Proceedings, Court Adjournment