NCLAT hears application from AL-Dua ex-promoter regarding non-compliance with its 12.03.2026 judgment ordering ₹2.48 crore payment.
Appellant claims payment was made to operational creditor within 30 days but creditor has not submitted required Form FA to IRP.
IRP states readiness to file Section 12A withdrawal application upon receipt of Form FA, with financial creditor Bank of Baroda consenting to CIRP closure.
Tribunal issues notice to operational creditor to file reply within 10 days, listing the matter for orders on 08.05.2026.