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2026 Supreme(Online)(NCLT) 425

NATIONAL COMPANY LAW TRIBUNAL
VAR Electrochem Private Limited – Appellant
Versus
The Commissioner Telangana Industrial Infrastructure Corporation Ltd – Respondent


Advocates:
For the Petitioner:V V S N Raju

S.No.3 VC AND PHYSICAL (HYBRID) MODE ATTENDANCE CUM ORDER SHEET OF THE HEARING HELD ON

21-01-2026 AT 10:30 A.M.

IA (IBC)/1592/2025 in Company Petition IB/06/7/HDB/2019 U/s 7 of IBC IN THE MATTER OF:

IDBI Bank LtdPetitioner AND Speck Systems Ltd … Respondent C O R A M:-

SHRI. RAJEEV BHARDWAJ, HON’BLE MEMBER (JUDICIAL)

SHRI. SANJAY PURI, HON’BLE MEMBER (TECHNICAL)

O R D E R

Orders pronounced, recorded vide separate sheets. In the result, this application is dismissed.

Sd/- Sd/-

MEMBER (T) MEMBER (J)

Apoorva in CP (IB) No.06/7/HDB/2019 IN THE MATTER OF SPECK SYSTEMS LIMITED BETWEEN:

M/s VAR Electrochem Private Limited Plot No. 201/3, Phase 2, Sector – 3, Lane 5, IDA Cherlapally, Hyderabad – 500 051 ….… Applicant AND The Commissioner, Telangana Industrial Infrastructure Corporation Ltd.

Industrial Area Locality (IALA), Cherlapally, Hyderabad - 500051 … Respondent No.1 Mr. K. Vatsa Kumar, Erstwhile Liquidator of the Corporate Debtor, i.e., Speck System Limited Flat No. 101, First Floor, A S Rao Enclave, Road No. 2, Snehapuri Colony, Nacharam, Hyderabad – 500076 … Respondent No. 2 Date Of Order: 21.01.2026 Coram:

Sri Rajeev Bhardwaj, Hon’ble Member (Judicial)

Sri Sanjay Puri, Hon’ble Member (Techni

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