Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 17 June 2026
Case Overview
This is an interlocutory application (IA/497(MP)/2024) filed within the main insolvency proceeding (TP 230 of 2019, which arose from CP(IB) 192 of 2017). The application has been filed by Akanksha Verma, a member of the Committee of Creditors (CoC), acting through her Power of Attorney holder, Arvind Chourey. The respondent in the application is Chaya Gupta, the Resolution Professional (RP) of JSM Devcons India Pvt Ltd. The matter was heard by a bench comprising Hon'ble Shri Brajendra Mani Tripathi (Member Judicial) and Hon'ble Shri Man Mohan Gupta (Member Technical).
Final Outcome
The Tribunal adjourned the hearing. The adjournment was granted because the Court Officer informed the bench that a leave note had been received from the Respondent/Resolution Professional, Chaya Gupta. In the note, she stated she was unable to appear due to personal difficulties and sought an adjournment. The matter has been relisted for the next hearing on 11 August 2026.
Topics: Insolvency Proceeding, NCLT Adjournment