Case Details
This is an order from the National Company Law Tribunal (NCLT), Chandigarh Bench (Court – II). The case is registered as CP (IB) No.81/Chd/Hry/2026. The application was filed by Phoenix Arc Ltd. (Applicant) against Supreme Infrastructure India Limited (Respondent) under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The order was delivered on 19.05.2026.
Parties Involved
Petitioner/Applicant: Phoenix Arc Ltd.
Represented by: Ms. Bhumika Jain instructed by Svarniti Advocates & Associates, along with Ms. Divya Sharma, Mr. Rajendra Shinde, and Mr. Shiva Gaur.
Respondent: Supreme Infrastructure India Limited (referred to as the Corporate Guarantor in the representation details).
Represented by: Vipul Joshi, Advocate.
Final Ruling & Enforcement
The matter was not taken up for hearing on 19.05.2026 due to a paucity of time. Consequently, the NCLT has adjourned the hearing. The next date for the proceeding is scheduled for 08.07.2026. No other directions, findings, or penalties were issued in this specific order.