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2026 Supreme(Online)(NCLT) 2199

NATIONAL COMPANY LAW TRIBUNAL
MAHAKALESHWAR INFRATECH PRIVATE LIMITED – Appellant
Versus
ATLAS CONSTRUCTIONS PRIVATE LIMITED – Respondent


Advocates:
For the Petitioner:YASH TANDON
For the Respondent:Shrey Patnaik

IN THE NATIONAL COMPANY LAW TRIBUNAL NEW DELHI COURT-IV C.P. (IB) 518/ND/2025 IN THE MATTER OF:

Mahakaleshwar Infratech Pvt. Ltd.

...Operational Creditor/Applicant Versus Atlas Constructions Pvt. Ltd.

…Corporate Debtor/Respondent Under Section 9 of the Insolvency & Bankruptcy Code, 2016 and Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority), Rules, 2016 CORAM:

SHRI MANNI SANKARIAH SHANMUGA SUNDARAM HON'BLE MEMBER (JUDICIAL)

SHRI ATUL CHATURVEDI HON'BLE MEMBER (TECHNICAL)

Order delivered on: 09.03.2026 PRESENT:

For the Applicant : Mr. Yash Tandon, Advocate For the Respondent : Mr. Vaibhav Gaggar, Mr. Shrey Patnaik, Mr. Akash Kumar, Mr. Dhurv Dewan, Ms. Saira Khan, Mr. Kush Taneja, Advocates

ORDER

PER: MANNI SANKARIAH SHANMUGA SUNDARAM, MEMBER (JUDICIAL)

1. The present application C.P. (IB) No. 518/ND/2025 is filed on 13.09.2025 under section 9 of the Insolvency and Bankruptcy Code, 2016 (“Code/IBC”) read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority), Rules, 2016 by M/s Mahakaleshwar Infratech Pvt. Ltd. (“Applicant/Operational Creditor”) to initiate Corporate Insolvency Resolution Process (“CIRP”) against M/s Atlas Constructi

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