Case Details
Case Name: FIBS Logistics India Private Limited vs Adeera Packaging Private Limited
Court/Authority: National Company Law Tribunal (NCLT), Allahabad Bench, Prayagraj
Case Number: CP (IB) No.102/ALD/2025
Interlocutory Application: IA No.144/2026
Date of Order: 20th May, 2026
Under Section: 9 of the Insolvency and Bankruptcy Code (IBC)
Parties Involved
Operational Creditor: FIBS Logistics India Private Limited
Corporate Debtor: Adeera Packaging Private Limited
Tribunal Members: Sh. Praveen Gupta (Hon'ble Member - Judicial) and Sh. Ashish Verma (Hon'ble Member - Technical)
Legal Counsel Representation:
- For Operational Creditor: Sh. N.L. Ganapathi with Sh. Prabudh Singh and Sh. Jai Rana, Advocates
- For Corporate Debtor: Sh. Bharat Pratap Singh with Sh. Raghav Awasthi, Advocates
Hearing Proceedings
Date of Hearing: 20th May, 2026
Corporate Debtor's Position: Sh. Raghav Awasthi, arguing counsel for the Corporate Debtor along with Sh. Bharat Pratap Singh, stated that due to some urgent work, he was not in a position to address arguments on this date and sought an adjournment in the matter.
Interlocutory Application IA No.144/2026:
- Notice of this application was issued to the non-applicant/respondent/operational creditor
- Counsel representing the operational creditor accepted notice and was granted two weeks time to file a response, if any
- Thereafter, rejoinder if any must be filed by the Applicant within another period of one week by exchanging copies with each other
Final Ruling & Enforcement
Adjournment Granted: The matter has been adjourned for further hearing on 8th July, 2026.
Order Signatories: The order was signed by both tribunal members:
- -Sd- (Ashish Verma) Member (Technical)
- -Sd- (Praveen Gupta) Member (Judicial)
Stenographer: Kavya Prakash Srivastava recorded the proceedings.