Authority: National Company Law Tribunal, New Delhi Principal Bench
Order Date: 15.07.2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Principal Bench heard an application (New IA-3137/2026) filed in the matter of Stellar Investments Limited (Petitioner) versus Kusum Infrastructures Private Limited (Respondent). The application was filed under Section 7 of the Insolvency & Bankruptcy Code, 2016 and sought condonation of a 25-day delay in filing the affidavit of service. The petitioner attributed the delay to the completion of formalities, including obtaining postal tracking reports and compiling supporting documents.
Final Outcome
The NCLT bench comprising Justice Anupinder Singh Grewal (Hon'ble President) and Shri Ravindra Chaturvedi (Hon'ble Member - Technical) allowed the application, finding that the delay did not appear to be intentional or deliberate. The tribunal condoned the 25-day delay and took the affidavit of service on record, disposing of the application accordingly.
Topics: Insolvency Proceedings, Procedural Delay, NCLT Order