Case Details
Case Name: CP (IB) No.44/ALD/2024
Court/Authority: National Company Law Tribunal (NCLT), Allahabad Bench, Prayagraj
Date of Order: 26th May, 2026
Matter Heard Under: Section 59(7) of the Insolvency and Bankruptcy Code, 2016 (IBC)
Parties Involved
Petitioner: M/S Factory One Private Limited
Counsel for Petitioner: Ms. Babita Jain, Advocate
Other Parties Noted as Absent: Registrar of Companies (ROC), Income Tax Department (I.T. Deptt.)
Issues / Allegations / Violations
The document is a procedural order from a hearing. It does not detail the specific allegations or violations that led to the filing of this application. The application is filed under Section 59 of the IBC, which pertains to voluntary liquidation of corporate persons.
Findings & Observations
The order does not contain any findings, observations, or legal reasoning as the matter was not heard on its merits. The sole observation is that the hearing was conducted before a Special Bench.
Penalties / Settlements / Directions
No penalties, settlements, or substantive directions were issued in this order. The only directive was to adjourn the matter.
Corrective Actions & Future Obligations
No corrective actions or future obligations are stipulated in this procedural order.
Final Ruling & Enforcement
Final Ruling: The Special Bench adjourned the matter for further hearing. The next hearing is scheduled for 15th July, 2026, before the Regular Bench of the NCLT.
Enforcement: The order is procedural and does not contain any enforcement actions.
Presiding Members:
1. Ms. Reeta Kohli, Hon'ble Member (Judicial)
2. Shri Ashish Verma, Hon'ble Member (Technical)
Stenographer: Avaneesh Kumar Singh