Case Details
Case Name: M/s SU 1 Capital Pvt. Ltd. versus M/s GRD Trucks Pvt. Ltd.
Court/Authority: National Company Law Tribunal, Jaipur Bench
Case Number: CP No. (IB)-14/7/JPR/2021
Related Applications: IA No. 270/JPR/2023, IA No. 73/JPR/2026, IA No. 89/JPR/2026
Legal Basis: Under Section 7 of Insolvency and Bankruptcy Code, 2016
Date of Order: May 20, 2026
Parties Involved
Petitioner/Financial Creditor: M/s SU 1 Capital Pvt. Ltd.
Respondent/Corporate Debtor: M/s GRD Trucks Pvt. Ltd.
Liquidator's Representatives: Nagendra Singh, Advocate; Rohini, Advocate
Tribunal Members: Hon'ble Ms. Reeta Kohli (Judicial Member), Hon'ble Ms. Kavita Bhatnagar (Technical Member)
Final Ruling & Enforcement
The National Company Law Tribunal, Jaipur Bench, through its order dated May 20, 2026, adjourned the hearing of three interlocutory applications (IA No. 270/JPR/2023, IA No. 73/JPR/2026, and IA No. 89/JPR/2026) related to the main insolvency petition CP No. (IB)-14/7/JPR/2021. The adjournment was granted based on a request made by the counsel representing the Liquidator. The matters have been rescheduled for hearing on June 29, 2026. The proceedings were conducted through a web-based video conferencing platform.
The case involves an insolvency petition filed by SU 1 Capital Pvt. Ltd. as a financial creditor against GRD Trucks Pvt. Ltd. as the corporate debtor under Section 7 of the Insolvency and Bankruptcy Code, 2016. The specific nature of the violations or disputes that led to the insolvency proceedings is not detailed in this particular order document, which primarily addresses the procedural aspect of adjournment.