Authority: National Company Law Tribunal, Jaipur Bench
Order Date: July 13, 2026
Case Overview
The National Company Law Tribunal (NCLT) Jaipur Bench, comprising Hon'ble Ms. Reeta Kohli (Judicial Member) and Hon'ble Ms. Kavita Bhatnagar (Technical Member), heard matters IA No. 383/JPR/2025 and IA No. 405/JPR/2025 in CP No. (IB)-124/9/JPR/2019. The case is an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC).
The proceedings involve M/s Diamond Trading Co. as the Operational Creditor versus M/s Instamedico and IT Services Pvt. Ltd. (OPC) as the Corporate Debtor. Representation included Kirti Kothari, Adv. for the IRP, and Yash Sharma, Adv., Raghav Pareek, Adv., and Srishti Soni, Adv. for the respondent.
The order addresses a procedural matter concerning an affidavit dated September 22, 2025. The respondent's counsel stated they had received a copy of this affidavit. The tribunal directed the applicant's counsel to forward the copy of the affidavit filed pursuant to the order dated September 22, 2025 to the respondent's counsel.
Final Outcome
The NCLT Jaipur Bench adjourned the matter and posted it for the next hearing on July 22, 2026. No substantive decision on the insolvency petition was made in this order, which focused solely on procedural compliance regarding affidavit exchange.
Topics: Insolvency Proceeding, NCLT Proceeding