Authority: National Company Law Tribunal Allahabad Bench Prayagraj
Order Date: 6th July, 2026
Case Overview
The National Company Law Tribunal (NCLT) Allahabad Bench heard matters related to CP (IB) No.105/ALD/2024, which is an insolvency petition filed by M/S Alfa Propbuild Pvt. Ltd. against M/S Proto Developers and Technologies Ltd. under Section 7 of the Insolvency and Bankruptcy Code (IBC). The case is currently in the corporate insolvency resolution process (CIRP) stage. Multiple interim applications are pending before the tribunal, specifically IA No.909/2025, IA No.911/2025, IA No.912/2025, Ivn.P No.03/2026, and IA No.51/2026.
Final Outcome
The tribunal re-notified the hearing to 4th August, 2026, effectively adjourning all pending matters without any substantive decision or order on the merits of the case. The matter remains pending for further consideration on the new date.
Topics: Insolvency Proceedings, NCLT Hearing, Corporate Dispute