Authority: National Company Law Tribunal Allahabad Bench Prayagraj
Order Date: 10th July, 2026
Case Overview
The National Company Law Tribunal (NCLT) Allahabad Bench heard CP (IB) No.76/ALD/2026, an insolvency petition filed by operational creditor M/S Daffodil Engineering against corporate debtor M/S Avaada Electro Limited. The matter was brought under Section 9 of the Insolvency and Bankruptcy Code (IBC). Counsel Sh. Sabari Kirubakaran C. and Ms. Eshna Kumar appeared for the operational creditor during the hearing.
Final Outcome
The Hon'ble Member (Judicial) Sh. Praveen Gupta ordered the matter to be adjourned to 14th July, 2026. The adjournment was granted at the request of the learned counsel appearing for the arguing counsel. The case will be heard before the Regular Bench and is to be shown in the supplementary list for that date.
Topics: Insolvency Proceeding, NCLT Hearing, Case Adjournment