Authority: National Company Law Tribunal, Bengaluru Bench
Order Date: 09 June 2026
Case Overview
This proceeding involves a petition filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 by Bhairav Holdings Inc (Petitioner) against M/s Jain Heights & Structures Pvt Ltd (Respondent). The matter came before a two-member bench consisting of Member (Judicial) Shri Sunil Kumar Aggarwal and Member (Technical) Shri Radhakrishna Sreepada. The petitioner was represented by Shri Saji P. John, while the respondent was represented by Senior Counsel Shri Shyam Sundar appearing through video conference.
Final Outcome
The Tribunal granted an adjournment based on a request from the respondent's Senior Counsel, who cited the demise of a close friend as grounds for the postponement. The petitioner's side raised no objection to this request. Consequently, the case has been adjourned and is now listed for the next hearing on 22 June 2026.
Topics: Corporate Insolvency, Legal Proceedings, NCLT