Authority: National Company Law Tribunal (NCLT), New Delhi Principal Bench
Order Date: 13 July 2026
Case Overview
This is an order in a petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The corporate debtor is Easo ECommerce Private Limited, against whom an operational creditor, Shipway Technology Private Limited, has initiated insolvency proceedings for an operational debt. The matter was heard in a hybrid mode (physical and video conference). Counsel for both parties were present and submitted to the bench that the parties are on the verge of reaching a settlement. They requested additional time to finalize this settlement outside of the formal insolvency process.
Final Outcome
The NCLT bench, comprising Justice Anupinder Singh Grewal (President) and Shri Ravindra Chaturvedi (Member Technical), adjourned the matter. The case is now listed for the next hearing on 21 July 2026 to allow the parties time to conclude their settlement negotiations.
Topics: Insolvency, NCLT, Settlement