Case Details
Case Name: M/S Jyotiraditya Infraestate Pvt Ltd V/S M/S Prayagraj Infraventure Pvt Ltd
Court/Authority: National Company Law Tribunal (NCLT), Allahabad Bench, Prayagraj
Case Number: RST. APPL. No.01/2025 IN CP (IB) No.518/ALD/2019
Date of Order: 20th May, 2026
Under Section: 9 of the Insolvency and Bankruptcy Code (IBC)
Previous Status: The application was dismissed for non-prosecution vide order dated 9th July 2024.
Parties Involved
Petitioner/Applicant: M/S Jyotiraditya Infraestate Pvt Ltd
Respondent: M/S Prayagraj Infraventure Pvt Ltd
Tribunal Members:
- Shri Praveen Gupta, Hon'ble Member (Judicial)
- Shri Ashish Verma, Hon'ble Member (Technical)
Court Officials:
- Shashank Priyadarshi (Court Officer)
- Avaneesh Kumar Singh (Stenographer)
Order & Proceedings
The hearing scheduled for 20th May 2026 could not be taken up by the tribunal due to paucity of time. Consequently, the matter has been adjourned to 13th July 2026 for further hearing. The order simply records this procedural adjournment without discussing any substantive issues, allegations, or merits of the case.
Final Ruling & Enforcement
The order is purely procedural, providing no final ruling on the matter. The only directive is the adjournment of the hearing to a future date (13th July 2026). There are no penalties, settlements, or corrective actions mentioned in this specific order.