Authority: National Company Law Tribunal, Jaipur Bench
Order Date: July 07, 2026
Case Overview
The National Company Law Tribunal (NCLT), Jaipur Bench, presided over by Hon'ble Ms. Reeta Kohli (Judicial Member), addressed multiple interlocutory applications and progress reports related to the corporate insolvency resolution process of Balajidham Build Estate Pvt. Ltd. The matter originates from CP No. (IB)-726(ND)/2018, filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, by operational creditor Manohar Karamchandani against the corporate debtor, Balajidham Build Estate Pvt. Ltd. The specific applications being heard were IA No. 169/JPR/2026, IA No. 170/JPR/2026, IA No. 229/JPR/2019, IA (IBC) No. 44/JPR/2025, IA (Liq.) Progress Report No. 54/JPR/2025, and IA (Liq.) Progress Report No. 09/JPR/2026. Representatives for the liquidator (Saurabh Malpani) and the applicant were present, along with advocates for the respondent (Prateek Kedawat, Puneet Maheshwari, and Siddarth Bapna).
Final Outcome
The tribunal adjourned the hearing of all pending applications and progress reports to July 20, 2026. This adjournment was solely due to the absence of the Hon'ble Technical Member from the bench, preventing the matter from proceeding on that date. No substantive orders were passed, and the case remains pending for further hearing on the new date.
Topics: Insolvency Proceedings, Real Estate