Authority: National Company Law Tribunal, Jaipur Bench
Order Date: July 06, 2026
Case Overview
The National Company Law Tribunal (NCLT), Jaipur Bench heard matter CP No. (IB)-21/9/JPR/2026, which is an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The proceeding involves an operational creditor/applicant versus M/s Deemart Merchandising LLP and M/s Jindal Filaments Pvt. Ltd. as the corporate debtor/respondent. The bench comprised Hon'ble Ms. Reeta Kohli (Judicial Member) and Hon'ble Ms. Kavita Bhatnagar (Technical Member).
During the hearing, the counsel for the respondent (corporate debtor) requested additional time to file their reply to the petition. The tribunal granted this request, allowing two weeks for the reply to be filed. The order specifies that an advance copy of the reply must be provided to the opposing counsel.
Final Outcome
The NCLT adjourned the matter and posted it for final arguments on July 28, 2026. The corporate debtor must file their reply within the granted two-week period, after which the case will proceed to final arguments.
Topics: Insolvency Proceedings, Corporate Debt, NCLT