Case Details
- Case Name: M/s SR Steel and Wire vs Addi Alloys Pvt. Limited
- Court/Authority: National Company Law Tribunal (NCLT), Chandigarh Bench, Court – II (Special Bench)
- Case Number: CP (IB) No. 162/Chd/Hry/2025
- Date of Order: May 20, 2026
- Under Section: 9 of the Insolvency and Bankruptcy Code (IBC), 2016
Parties Involved
- Petitioner/Applicant: M/s SR Steel and Wire
- Respondent: Addi Alloys Pvt. Limited
- Bench Members: Shri. Shishir Agarwal (Member - Technical) and Shri. K. Biswal (Member - Judicial)
- Representation for Applicant: Mr. Rajan Thakur (proxy counsel for Dr. Rajansh Thukral, Advocate)
- Representation for Respondent: None
Order & Procedural Status
The application filed by SR Steel and Wire under Section 9 of the IBC, 2016, was listed for hearing. The applicant's counsel, Mr. Rajan Thakur, attended and stated that notice had been issued and served upon the respondent company, Addi Alloys Pvt. Ltd. An affidavit of service confirming this was also filed with the tribunal.
No representative or counsel appeared on behalf of the respondent company during the hearing.
The bench, comprising Shri. Shishir Agarwal and Shri. K. Biswal, did not make any substantive findings, observations, or rulings on the merits of the application. The matter was simply adjourned and listed for a hearing before the Regular Bench on July 21, 2026.
This is a procedural order noting the non-appearance of the respondent and adjourning the case. The application remains at a preliminary stage with no determination on the existence of a default or admission into the Corporate Insolvency Resolution Process (CIRP).