# VIKAS PRAKASH GUPTA vs INSOLVENCY AND BANKRUPTCY BOARD OF INDIA AND ANR

Court: Delhi High Court
Date: 2026-02-02
Citation: W.P.(C)-8974/2025 2026:DHC:838
Petitioner: VIKAS PRAKASH GUPTA
Respondent: INSOLVENCY AND BANKRUPTCY BOARD OF INDIA AND ANR

[Official PDF on Delhi High Court website](https://delhihighcourt.nic.in/app/showFileJudgment/58702022026CW89742025_184221.pdf)

## Judgment text (excerpt)

$~J * IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment pronounced on: 02.02.2026 W.P.(C) 8974/2025 and CM APPL.38317/2025 VIKAS PRAKASH GUPTA .....Petitioner Through: Mr. Satyajit Sarna, Mr. Sudev Juneja, Mr. Mohit Negi and Mr. Debarchan De, Advocates. versus INSOLVENCY AND BANKRUPTCY BOARD OF INDIA AND ANR .....Respondents Through: Ms. Amrita Singh, Mr. Prasang Sharma and Mr. Sanket Khandelwal, Advocates for R-1. Mr. Rakesh Kumar, CGSC along with Mr. Sunil, Advocate for UOI. CORAM: HON'BLE MR. JUSTICE SACHIN DATTA JUDGMENT 1. The petitioner has filed the present petition, assailing the Order dated 25.04.2025 passed by the Disciplinary Committee of the Insolvency and Bankruptcy Board of India (respondent no.1) in IBBI/DC/284/2025, whereby the registration of the petitioner, a registered Insolvency Professional bearing Registration No. IBBI/IPA-001/IPP00501/2017- 2018/10889, has been suspended for a period of one year. 2. The background of the matter is that National Company Law Tribunal, Chennai Bench (Adjudicating Authority), vide Order dated 19.02.2020, admitted an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (“the Code”) filed by State Bank of India 

https://niyam.ai/judgements/high-court/2026/february/vikas-prakash-gupta-vs-insolvency-and-bankruptcy-board-of-india-and-anr