MP Madhya Kshetra Vidyut files NCLT application seeking penalty under IBC Section 65 for alleged malicious proceedings.
Applicant claims Rs 36.06 lakh principal and Rs 66.32 lakh surcharge from Sanwaria Consumer Ltd in insolvency.
NCLT issues notice to Sanwaria Consumer Ltd, directs filing of reply within two weeks of notice receipt.
Matter listed for next hearing on 03 June 2026 for reply submission and proof of service affidavit.