Authority: National Company Law Tribunal, Jaipur Bench
Order Date: June 23, 2026
Case Overview
The National Company Law Tribunal (NCLT), Jaipur Bench, comprising Judicial Member Reeta Kohli and Technical Member Kavita Bhatnagar, is hearing Company Petition No. (IB)-13/7/JPR/2025 filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC). The petition involves M/s Sand Dune Constructions Pvt. Ltd. as the Financial Creditor versus M/s Aditya Propcon Pvt. Ltd. as the Corporate Debtor. The matter was heard through a web-based video conferencing platform. During the proceedings, the counsel for the Corporate Debtor (Aditya Propcon) partially advanced their arguments.
Final Outcome
The bench has adjourned the hearing and directed the matter to be listed next on June 30, 2026, for further arguments from the Corporate Debtor's counsel. No final decision on the admission or dismissal of the insolvency petition has been rendered in this order.
Topics: Insolvency Proceedings, Real Estate, NCLT