Authority: National Company Law Tribunal (NCLT) Indore Bench, Court No. 1
Order Date: 14/07/2026
Case Overview
The Liquidator of Asian Natural Resources (India) Limited, Abhishek Nagori, filed an application (IA(Liq.)[Progress Report]/58(MP)2026) under Rule 11 of the NCLT Rules, 2016 and Regulation 15 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016. The application sought permission to place on record the Progress Report for the liquidation process for the period of 01.04.2026 to 30.06.2026, which is the first quarter of the financial year 2026-27.
The matter was heard by a bench comprising Hon'ble Shri Brajendra Mani Tripathi, Member (Judicial), and Hon'ble Shri Man Mohan Gupta, Member (Technical). The applicant was represented by Advocate Mr. Rahul Bhavsar, who appeared online.
Final Outcome
The tribunal accepted the Progress Report filed by the Liquidator, subject to all just exceptions. The application (IA(Liq.)[Progress Report]/58(MP)2026) was disposed of accordingly.
Topics: Corporate Insolvency, NCLT Proceedings