Authority: National Company Law Tribunal, Jaipur Bench
Order Date: June 30, 2026
Case Overview
The National Company Law Tribunal (NCLT) Jaipur Bench heard Interlocutory Application No. 307/JPR/2026 filed in the matter of CP No. (IB)-103/95/JPR/2025 under Section 95 of the Insolvency and Bankruptcy Code, 2016. The application was filed by India SME Asset Reconstruction Company Ltd. (Applicant/Creditor) against Manvendra Singh, who is described as the Personal Guarantor to the Corporate Debtor Girivar Hotel and Resort Pvt. Ltd. The application specifically sought early hearing of the main insolvency petition (CP). The bench comprised Hon'ble Ms. Reeta Kohli (Judicial Member) and Hon'ble Ms. Kavita Bhatnaagar (Technical Member). Representatives for both the Resolution Professional and the Applicant were present during the hearing conducted via web-based video conferencing.
Final Outcome
The Tribunal dismissed the application for early hearing. The order states that since the next date of hearing was already scheduled for July 17, 2026, the bench was "not inclined to grant any indulgence." The application was dismissed and disposed of accordingly. The order was signed by both members of the bench.
Topics: NCLT Proceedings, Insolvency Application, Early Hearing