Authority: National Company Law Tribunal, New Delhi Bench (Court - II)
Order Date: 11 June 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Bench heard matters related to an insolvency petition filed by M/s Uniexcel Ltd against Uniexcel Developers Pvt. Ltd under Section 7 of the Insolvency and Bankruptcy Code, 2016. The hearing was conducted in hybrid mode (virtual and physical). Three interconnected applications were before the tribunal: IA-5163/ND/2025, IA-74/ND/2026, and IA-1334/ND/2026.
Final Outcome
The tribunal partially heard arguments from learned counsels for the parties in application IA-5163/ND/2025 and adjourned the matter for continuation of arguments to 6th July 2026. Both applications IA-74/ND/2026 and IA-1334/ND/2026 were also listed for hearing on the same date, 6th July 2026. No substantive decision was rendered in this order, which serves solely as an adjournment directive.
Topics: Insolvency Proceeding, NCLT Hearing, Corporate Dispute