Authority: National Company Law Tribunal (NCLT), Division Bench, Court - 1, Ahmedabad
Order Date: June 9, 2026
Case Overview
This is an interim order in an interlocutory application (IA/812(AHM)2026) within the main insolvency petition (C.P.(IB)/365(AHM)2024). The proceedings are under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The financial creditor, HDFC Bank Limited, is the applicant, and the corporate debtor is JRA Infrastructure Limited. The hearing was conducted in hybrid mode. The Learned Counsel for the applicant, Mr. Narpat Singh, appeared virtually but was not properly audible due to technical disturbances on the applicant's side.
Final Outcome
The bench, comprising Member (Judicial) Shammi Khan and Member (Technical) Sanjeev Sharma, adjourned the hearing. The Learned Counsel for the applicant was directed to remain physically present at the next hearing along with the Resolution Professional (RP). The matter has been relisted for further consideration on June 12, 2026.
Topics: Insolvency Proceeding, NCLT Hearing, Corporate Debtor