Case Details

Case Name: Asset Reconstruction Company (India) Ltd. vs Accil Corporation Pvt. Ltd.

Court/Authority: National Company Law Tribunal, Jaipur Bench

Case Number: CP No. (IB)-108/7/JPR/2024

IA Number: IA No. 245/JPR/2026

Date of Order: May 20, 2026

Legal Provision: Section 7 of Insolvency and Bankruptcy Code, 2016

Parties Involved

Petitioner/Financial Creditor: Asset Reconstruction Company (India) Ltd.

Respondent/Corporate Debtor: Accil Corporation Pvt. Ltd.

Legal Representatives for Applicant: Spandan Biswal, Advocate; Shivendra Pandey, Advocate

Tribunal Members: Hon'ble Ms. Reeta Kohli (Judicial Member), Hon'ble Ms. Kavita Bhatnagar (Technical Member)

Proceedings

  • The matter was heard through web-based video conferencing platform
  • The learned counsel for the applicant prayed for an adjournment
  • The tribunal granted the adjournment request
  • Next hearing date: May 22, 2026

Current Status

The insolvency petition under Section 7 of IBC, 2016 has been adjourned to May 22, 2026 based on the applicant's request. No substantive hearing on the merits of the case has occurred yet.