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 Interlocutory Application No. IA/126(MP)2025, which is filed within the main insolvency proceeding CP(IB)/81(MP)2022. The application was filed by Keshari Tradecorp LLP (through its partner) against Ashok Kumar Gulla, the Resolution Professional of M/s. Carnival Films Pvt Ltd. The matter is being heard under Section Rule 11 of the NCLT rules. The bench comprised Hon'ble Shri Brajendra Mani Tripathi (Member Judicial) and Hon'ble Shri Man Mohan Gupta (Member Technical). Both parties were represented by advocates appearing online - Mr. Dhiren R. Dave for the applicant and Mr. Abhinandan Sharma for the respondent.
Final Outcome
The Tribunal adjourned the hearing after the applicant's counsel submitted that this was a "part-heard matter" requiring additional time for further hearing. The matter has been listed for the next hearing on July 3, 2026. No substantive decision on the merits of the application was rendered in this order.
Topics: NCLT Proceedings, Corporate Insolvency, Hearing Adjournment