NCLT Chandigarh adjourns IFCI Venture Capital's Section 7 insolvency petition against MGM Infra Development Solutions due to time constraints.
The matter has been rescheduled for hearing on June 10, 2026, with no appearances recorded from either party.
Case CP(IB) No. 51/Chd/Pb/2026 involves a financial creditor petition under the Insolvency and Bankruptcy Code 2016.
The order was issued by the Court Officer on April 7, 2026, without substantive proceedings taking place.