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2026 Supreme(Online)(NCLT) 96

NATIONAL COMPANY LAW TRIBUNAL
BSEL Algo Limited – Appellant
Versus
Pankaj Bhattad – Respondent


Advocates:
For the Petitioner:Trilok Tripathi
For the Respondent:Utsav Mukherjee

MUMBAI BENCH, COURT-I I.A. NO. 4789 OF 2025 IN Under section 7 of the Insolvency and Bankruptcy Code, 2016 read with Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 In the matter of OMKARA ASSET RECONSTRUCTION PRIVATE LIMITED ….Financial Creditor VERSUS GIGEO CONSTRUCTION COMPANY PRIVATE LIMITED ....Corporate Debtor AND In the matter of BSEL ALGO LIMITED ….Applicant VERSUS MR. PANKAJ BHATTAD RESOLUTION PROFESSIONAL OF GIGEO CONSTRUCTION CO.

PVT. LTD.

….Respondent Order Pronounced on 07.01.2026 Coram:

Sh. Prabhat Kumar Sh. Sushil Mahadeorao Kochey Hon’ble Member (Technical) Hon’ble Member (Judicial)

Appearances:

For the Applicant : Adv. Rohit Gupta, Ms. Somya For the Resolution Professional : Adv. Saksham Ahuja, Adv. Mayukh Roy and Adv. Shivam Mehra, Mr. Utsav Mukherjee

ORDER

Brief facts of the case:

1. This Interlocutory Application being I.A. No. 4789 of 2025 has been filed by BSEL Algo Limited, formerly known as BSEL Infrastructure Private Limited (hereinafter referred to as “the Applicant”) in the Corporate Insolvency Resolution Process (‘CIRP’) of Gigeo Construction Company Private Limited (hereinafter referred to as “the Corporate Debtor”)

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