Authority: National Company Law Tribunal, Jaipur Bench
Order Date: June 30, 2026
Case Overview
The National Company Law Tribunal (NCLT) Jaipur Bench heard a petition filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The financial creditor, M/s Sand Dune Constructions Pvt. Ltd., filed the petition against the corporate debtor, M/s Aditya Propcon Pvt. Ltd. The bench comprised Hon'ble Ms. Reeta Kohli (Judicial Member) and Hon'ble Ms. Kavita Bhatnagar (Technical Member). During the proceedings, the counsel for the respondent (corporate debtor) concluded their arguments.
Final Outcome
The tribunal adjourned the hearing and posted the matter for rejoining arguments by the petitioner's counsel (financial creditor) on July 1, 2026. No substantive decision on admission or rejection of the insolvency petition was made in this order.
Topics: Insolvency Proceeding, Real Estate, NCLT