Authority: National Company Law Tribunal, Indore Bench, Court No. 1

Order Date: 06/07/2026

Case Overview

This proceeding concerns an Interim Application (IA No. 27(MP)2025) filed within the main insolvency petition (CP(IB)/81(MP)2022). The application was filed by Ashok Kumar Gulla, the Resolution Professional (RP) of M/s Carnival Films Pvt Ltd, against M/s Sur Mandir Entertainment Complex Pvt Ltd. The application was made under Section 25 read with Section 60(5) of the Insolvency and Bankruptcy Code, 2016 (IBC), along with Rule 11 of the NCLT Rules. The matter was listed before a bench comprising Hon'ble Shri Brajendra Mani Tripathi (Member Judicial) and Hon'ble Shri Man Mohan Gupta (Member Technical).

Final Outcome

The learned counsel for the applicant (the erstwhile Resolution Professional) requested an adjournment. The bench allowed the request and adjourned the matter. The next hearing is scheduled for 04.08.2026. The respondent, M/s Sur Mandir Entertainment Complex Pvt Ltd, was not represented during these proceedings.

Topics: Insolvency Proceeding, NCLT Hearing