Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 08/06/2026
Case Overview
The National Company Law Tribunal (NCLT) Indore Bench heard an interlocutory application (IA(Dis.)/3(MP)2026) filed in the main matter TP 34 of 2019 [CP(IB) 229 of 2019]. The proceedings relate to the liquidation of Brain Masters Classes Pvt Ltd under Section 54 of the Insolvency and Bankruptcy Code, 2016. Navin Khandelwal, serving as the Liquidator of the company, was the applicant in the matter. The application was represented by Advocate Mr. Rohit Dubey along with the Liquidator appearing in person, both attending the hearing online.
During the proceedings, the counsel for the applicant submitted that the present matter should be taken up only after a decision is rendered on another related interlocutory application, IA No. 632 of 2019, which was listed at Serial No. 105 on the same day and on which the bench had reserved its order.
Final Outcome
The NCLT bench, comprising Member (Judicial) Shri Brajendra Mani Tripathi and Member (Technical) Shri Man Mohan Gupta, accepted the request for an adjournment. The matter has been adjourned and is now listed for the next hearing on 24.07.2026.
This content may not be financially relevant