Authority: National Company Law Tribunal (NCLT), Allahabad Bench, Prayagraj
Order Date: 9th June, 2026
Case Overview
This order pertains to two Interlocutory Applications (IA No.383/2026 and IA No.384/2026) filed within the main corporate insolvency resolution process, CP (IB) No.29/ALD/2023. The case involves Assets Care and Reconstruction Enterprise Ltd. as the financial creditor and Supertech Orb Project Pvt. Ltd. as the corporate debtor. The main petition was filed under Section 7 of the Insolvency and Bankruptcy Code (IBC), and a resolution plan has already been approved. The specific nature of the current applications (IA 383/2026 and 384/2026) is not detailed in this procedural order. The bench for this hearing consisted of Hon'ble Member (Judicial) Sh. Praveen Gupta and Hon'ble Member (Technical) Sh. Ashish Verma.
Final Outcome
The hearing was adjourned because no counsel appeared for the applicant. In the interest of justice, the tribunal ordered that both applications be listed next on 6th July, 2026, and directed that they should "come up higher on Board," indicating they should be given priority on the hearing list for that date.
Topics: NCLT, Insolvency, Adjournment