Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 22/06/2026
Case Overview
The National Company Law Tribunal (NCLT) Indore Bench heard proceedings under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC). The petition was filed by financial creditor Authum Investment & Infrastructure Ltd against corporate debtor Global Business Conexxtions Pvt Ltd. The matter was heard by a bench comprising Hon'ble Shri Brajendra Mani Tripathi (Member Judicial) and Hon'ble Shri Man Mohan Gupta (Member Technical).
During the proceedings, the applicant's counsel Mr. Bhupendra Dave (appearing online) submitted that in compliance with the tribunal's previous order dated 29th April 2026, he had filed the rejoinder in the matter on 5th June 2026. No representative appeared for the respondent company Global Business Conexxtions Pvt Ltd during this hearing.
Final Outcome
The tribunal adjourned the matter due to the absence of the respondent's representation. The case has been listed for the next hearing on 3rd July 2026 before the same bench.
Topics: Insolvency Proceeding, NCLT Hearing, Corporate Debt