Authority: National Company Law Tribunal Allahabad Bench Prayagraj

Order Date: 29th June, 2026

Case Overview

The matter involves an insolvency petition under Section 9 of the Insolvency and Bankruptcy Code (IBC) filed by operational creditor M/s Gupshup Technology India Pvt Ltd against corporate debtor M/s Nextgen Infratel Pvt Ltd. The case reference is RCP (IB) No.02/ALD/2024 in CP (IB) No.483/ALD/2019. The bench consisted of Hon'ble Member (Judicial) Sh. Praveen Gupta and Hon'ble Member (Technical) Sh. Ashish Verma. During the hearing on 29th June 2026, no counsel or representative appeared for either the operational creditor or the corporate debtor.

Final Outcome

The NCLT bench adjourned the matter to 18th August 2026 in the interest of justice. The order was signed by both members, Ashish Verma (Member Technical) and Praveen Gupta (Member Judicial). The case remains pending with no substantive progress made during this hearing.

Topics: Insolvency Proceeding, Legal Adjournment