Authority: National Company Law Tribunal, Indore Bench, Court No. 1

Order Date: 29 June 2026

Case Overview

This matter concerns Interim Application No. IA/64(MP)2022 filed in the main case TP 127 of 2019 [CP(IB) 34 of 2019]. The proceedings are under Section 66 of the Insolvency and Bankruptcy Code, 2016. The applicant is Jagdish Kumar Parulkar, the Liquidator of M/s Kapil Steels Ltd, and the respondents are Kishore Jaiswal and Others.

Final Outcome

The hearing was adjourned at the request of the applicant's counsel. The proxy counsel for the applicant, Ms. Akshita Singh, appearing online on behalf of Mr. Ritesh Kumar Sharma, Advocate, submitted that the arguing counsel was unavailable due to personal difficulty. The bench, comprising Hon'ble Shri Brajendra Mani Tripathi (Member Judicial) and Hon'ble Shri Man Mohan Gupta (Member Technical), granted the adjournment. The matter has been listed for the next hearing on 05 August 2026.

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