NCLT New Delhi Defers Compliance Proceedings in Busybees–Simba Logistics Case
Court / Authority
NCLT & NCLAT
Update / Judgement Date
02 Jul 2026
Source
WCP News Bulletin
Author
Manas Yadav — WCP Legal Desk
Reading Time
1 min read
View Count
The Court-V (Special Bench) of the National Company Law Tribunal, New Delhi, has deferred compliance proceedings in the insolvency matter between Busybees Logistics Solutions Private Limited and Simba Logistics Private Limited. The order was passed on 2 February 2026 in RA-40/2025, arising out of IB-44/ND/2024 filed under Section 9 of the Insolvency and Bankruptcy Code, 2016.
The matter came up for compliance pursuant to earlier directions of the Tribunal. During the hearing, counsel appearing for the applicant sought additional time to file written submissions in terms of the Tribunal’s order dated 5 January 2026. Taking note of the request, the Special Bench observed that since it was constituted for a limited purpose, the matter ought to be placed before the Regular Bench for further consideration.
Full Judgement / Attachment
Full Judgement
Frequently asked questions about NCLT & NCLAT
- What are the NCLT and NCLAT?
- The National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT) were constituted on 1 June 2016 under the Companies Act, 2013. The NCLT sits in benches across India, and the NCLAT hears appeals from it, with its principal bench in New Delhi and a bench in Chennai.
- What cases does the NCLT hear?
- The NCLT is the Adjudicating Authority for corporate insolvency under the IBC. It also hears company law matters, including oppression and mismanagement petitions, schemes of merger and demerger, reduction of capital, and class action suits.
- What is the time limit to appeal an NCLT order to the NCLAT?
- Under the Companies Act, the appeal is due within 45 days, extendable by up to 45 days. Under the IBC, it is due within 30 days, extendable by up to 15 days. These outer limits are strictly applied.
- How can I check NCLT case status or orders?
- Case status, cause lists and orders are available on the NCLT website (nclt.gov.in) and the NCLAT website (nclat.nic.in), searchable by case number, party name or bench.
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