Authority: National Company Law Tribunal, Jaipur Bench (Hon'ble Ms. Reeta Kohli, Judicial Member and Hon'ble Ms. Kavita Bhatnagar, Technical Member)
Order Date: June 17, 2026
Case Overview
The National Company Law Tribunal (NCLT) Jaipur Bench heard matter Item No. 201 Cont. A (IBC) No. 06/425/JPR/2022 in CP No. (IB)-16/7/JPR/2021 under Section 425 of the Insolvency and Bankruptcy Code, 2016. The case involves Bhala Finance Pvt. Ltd. as the applicant and Rajiv Kumar Sanghi as the contemnor. The proceedings were conducted through a web-based video conferencing platform. The Resolution Professional's counsel, Anubha Singh, appeared for the applicant while Abhishek Purohit appeared for the respondent.
Final Outcome
The Tribunal granted an adjournment based on the request made by the Resolution Professional's counsel. The matter has been postponed to June 29, 2026 for further hearing.
Topics: NCLT Proceedings, Contempt Case, IBC Matters