IN THE NATIONAL COMPANY LAW TRIBUNAL

NEW DELHI

BENCH-IV

Under Section 9 of the Insolvency and Bankruptcy Code, 2016 read with

Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating

Authority), Rules, 2016

IN THE MATTER OF:

DELHIVERY LIMITED …. Operational Creditor/Applicant

Versus

FUTURETIMES TECHNOLOGY

INDIA PRIVATE LIMITED

…. Corporate Debtor/Respondent

CORAM:

SHRI MANNI SANKARIAH SHANMUGA SUNDARAM,

HON’BLE MEMBER (JUDICIAL)

SHRI ATUL CHATURVEDI

HON’BLE MEMBER (TECHNICAL)

Order Delivered on: 22.07.2025

PRESENT:

For the Applicant : Adv. Rahul, Adv. Vardaan Jain

For the Respondent : Adv. Charu Ambwan, Adv. Shreya Garg

for R-1, Adv. Subhojit Dutta for R-5, Adv.

Videh Vaish, Adv. Lalit Mohan for R-4

ORDER

PER: ATUL CHATURVEDI, MEMBER (TECHNICAL)

1. This instant application was filed by Delhivery Limited (hereinafter referred as ‘Applicant’/ ‘Operational Creditor’) under Section 9 of the Insolvency and Bankruptcy Code, 2016 (for brevity ‘the Code’) with a prayer to initiate Corporate Insolvency Resolution Process in respect of Futuretimes Technology India Private Limited (hereinafter referred as ‘Respondent’ or ‘Corporate Debtor’) for defaulting the payment of total amounting to Rs. 1,88,72,046