Case Details
Case Name: M/s Jeena & Co. vs RK Wind Limited
Court/Authority: National Company Law Tribunal Chandigarh Bench (Court – II) (Special Bench)
Case Number: CP (IB) No. 18/Chd/Hry/2024
Date of Order: 20.05.2026
Under Section: Section 9 of the Insolvency and Bankruptcy Code, 2016
Coram: Shri. Shishir Agarwal (Member Technical) and Shri. K. Biswal (Member Judicial)
Parties Involved
Petitioner/Applicant: M/s Jeena & Co.
Represented by: Mr. Utsav Jain, Advocate
Respondent/Corporate Debtor: RK Wind Limited
Issues / Allegations / Violations
The petitioner, Jeena & Co., has filed an application under Section 9 of the IBC, 2016 to initiate Corporate Insolvency Resolution Process (CIRP) against the respondent, RK Wind Limited, for non-payment of an operational debt. The decretal amount remains undisputed between the parties.
Findings & Observations
The Tribunal heard learned counsel for the applicant, Mr. Utsav Jain. It was noted that an appeal related to this matter is pending before the Hon'ble High Court of Delhi. The next date of hearing in the Delhi High Court is fixed for 29.07.2026. Importantly, the Tribunal observed that no stay has been granted by the High Court in this matter.
Final Ruling & Enforcement
The Special Bench did not make a final determination on the insolvency application. Instead, it listed the matter for further hearing before the Regular Bench on 18.08.2026. The order was signed by both members of the bench.
No penalties, settlements, or directions were issued in this order as the matter was simply adjourned for future hearing before the Regular Bench.