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

Order Date: 06/07/2026

Case Overview

The application IA/135(MP)2025 was filed in the main matter CP(IB)/81(MP)2022 by Mr. Ashok Kumar Gulla, the Resolution Professional (RP) of M/s Carnival Films Pvt Ltd, against M/s Malabar Commercial Plaza Pvt Ltd. The proceedings were conducted under Section 25 read with Section 60(5) of the Insolvency and Bankruptcy Code, 2016, and Rule 11 of the NCLT Rules. The matter was heard by a bench comprising Hon'ble Shri Brajendra Mani Tripathi (Member Judicial) and Hon'ble Shri Man Mohan Gupta (Member Technical).

Final Outcome

The counsel for the Erstwhile Resolution Professional sought an adjournment. The bench allowed the request for time and adjourned the matter. The case has been listed for the next hearing on 4th August 2026.

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