Authority: National Company Law Tribunal, Jaipur Bench

Order Date: June 16, 2026

Case Overview

The National Company Law Tribunal (NCLT) Jaipur Bench heard CP No. (IB)-57/9/JPR/2025, an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petition was filed by Asian Pharma (through its Proprietor Bhupinder Choudhary) as the Operational Creditor against Keylink Global Exim Pvt. Ltd. as the Corporate Debtor. The matter came before a bench comprising Hon'ble Ms. Reeta Kohli (Judicial Member) and Hon'ble Ms. Kavita Bhatnagar (Technical Member).

During the hearing, both parties were represented by their counsels. For the applicant (Operational Creditor), CS Suresh Kumar appeared as proxy counsel. For the respondent (Corporate Debtor), Ankush Thakur, Adv. Tapeshwar Singh Parmar, Adv. Daksha Nag, Adv. Purshottam Devjain appeared, along with a party in person.

Final Outcome

The counsels for both parties jointly requested an adjournment. Granting this joint request, the NCLT bench adjourned the matter and posted it for the next hearing on July 7, 2026. The order was signed by both members.

Topics: Insolvency, Legal Proceedings