Authority: National Company Law Tribunal, New Delhi Court-V

Order Date: June 8, 2026

Case Overview

The National Company Law Tribunal (NCLT), New Delhi Court-V, heard a matter listed as Item No. 517 (IB)-883(PB)/2022 IA-6206/2024. The proceedings involved a petition under Section 9 of the Insolvency and Bankruptcy Code (IBC) filed by Supreme Eximp Pte. Ltd (Petitioner) against Jewel Overseas Private Limited (Respondent). The hearing was conducted in a hybrid mode (physical and video conference). The bench was composed of Hon'ble Member (Judicial) Shri Manni Sankariah Shanmuga Sundaram and Hon'ble Member (Technical) Ms. Reena Sinha Puri. Representatives for the petitioner and respondents were present, and the liquidator, Mr. Veenu Drall, was also in attendance, represented by advocates Mr. Vedant Chahal and Yashasvi Bhatia.

Final Outcome

The tribunal adjourned the hearing due to a paucity of time. The matter was rescheduled for the next hearing on July 30, 2026. The order was signed by Member (Technical) Ms. Reena Sinha Puri.

Topics: Insolvency Petition, NCLT Proceeding, Corporate Debt