Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 13th July 2026
Case Overview
This order pertains to an Interim Application (IA) numbered IA/81(MP)2024, filed within the main insolvency proceeding TP 123 of 2019 [CP(IB) 137 of 2019]. The application was filed under Sections 60(5) and 18(1)(f) of the Insolvency and Bankruptcy Code, 2016, read with Rule 11 of the NCLT Rules. The applicant is Ms. Teena Saraswat Pandey, the Interim Resolution Professional (IRP) of M/s Indison Agro Foods Ltd. The respondents are M/s Shivani Enterprises through its Partners and Others. The matter was heard by a bench comprising Hon'ble Shri Brajendra Mani Tripathi (Member-Judicial) and Hon'ble Shri Man Mohan Gupta (Member-Technical). The applicant was represented by Mr. Abhishek Naik, Advocate (online) along with Ms. Teena S. Pandey (RP-in-person, online). There was no representation for the respondents.
Final Outcome
The learned counsel for the applicant submitted that a connected matter was listed for hearing on 15th July 2026 and prayed that the present application also be listed on the same date. The tribunal allowed this prayer. Accordingly, the matter IA/81(MP)2024 is adjourned and relisted for hearing on 15th July 2026.
Topics: Insolvency Proceeding, NCLT Hearing