Jeena & Co Insolvency Petition Against RK Wind

Case Details

Case Name: M/s Jeena & Co vs RK Wind Limited

Court/Authority: National Company Law Tribunal (NCLT), Chandigarh Bench, Court – II (Special Bench)

Case Number: CP (IB) No. 34/Chd/Hry/2025

Date of Order: 20th May 2026

Under Section: Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016

Coram: Shri. Shishir Agarwal, Hon'ble Member (Technical) and Shri. K. Biswal, Hon'ble Member (Judicial)

Parties Involved

Petitioner/Applicant: M/s Jeena & Co

Respondent/Corporate Debtor: RK Wind Limited

Representative for Applicant: Mr. Utsav Jain, Advocate

Issues / Allegations / Violations

The application was filed by the operational creditor, M/s Jeena & Co, to initiate the Corporate Insolvency Resolution Process (CIRP) against the corporate debtor, RK Wind Limited, for an undisputed debt (decretal amount).

Final Ruling & Enforcement

The Bench heard the learned counsel for the applicant. 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 High Court is fixed for 29th July 2026, and no stay has been granted on the proceedings. The decretal amount due remains undisputed. The NCLT Bench did not pass a final order on the insolvency application but listed the matter for further hearing before the Regular Bench on 18th August 2026.