Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 17/06/2026
Case Overview
This is an Interlocutory Application (IA/627(MP)2025) filed within the main insolvency proceeding (TP 182 of 2019, which arose from CP(IB) 591 of 2019). The applicant is Amresh Shukla, the Liquidator of Girdharilal Sugar and Allied Industries Ltd. The respondent is Rajesh Agrawal, a suspended director of the same company. The matter was listed for proceedings under Section Rule 11. During the hearing, the Liquidator's counsel, Ms. Iha K. Verma, appeared online and informed the tribunal that a previous order in a related application (IA/179(MP)2026, dated 13.04.2026) had been challenged before the National Company Law Appellate Tribunal (NCLAT) and was pending consideration. On this ground, she prayed for a short accommodation, or adjournment, of the current matter.
Final Outcome
The bench, comprising Member (Judicial) Shri Brajendra Mani Tripathi and Member (Technical) Shri Man Mohan Gupta, granted the request for an adjournment. The matter has been rescheduled to be listed next on 17th July 2026. No other orders were passed.
Topics: Insolvency, Legal Proceedings