• NCLT Chandigarh adjourned hearing in Magma Autolinks insolvency case to 9 June 2026.
• The case involves corporate insolvency resolution under Sections 10 and 60(5) of IBC, 2016.
• Multiple applications and petitions are pending before the tribunal in this matter.
• Counsel for the SRA sought adjournment due to arguing counsel being before High Court.