Authority: National Company Law Tribunal, Jaipur Bench
Order Date: June 15, 2026
Case Overview
The National Company Law Tribunal (NCLT) Jaipur Bench heard IA No. 145/JPR/2026 in connection with CP No. (IB)-59/7/JPR/2025, filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The matter involves Small Industries Development Bank of India (SIDBI) as the Financial Creditor versus Ishh Raj Silicon Pvt. Ltd. as the Corporate Debtor. The bench consisted of Hon'ble Ms. Reeta Kohli (Judicial Member) and Hon'ble Ms. Kavita BhatnaGAR (Technical Member). Representatives for both the Resolution Professional and the Corporate Debtor were present.
During the hearing, counsel for the Suspended Management of the Corporate Debtor stated that they had already provided all requisite information to the Resolution Professional via email dated June 6, 2026. Counsel for the Resolution Professional requested an adjournment, stating she needed time to obtain proper instructions and inform the court about the latest status of the case.
Final Outcome
The NCLT granted the adjournment request and posted the matter for next hearing on June 24, 2026. No substantive decisions were made in this order beyond scheduling the next hearing date.
Topics: Insolvency Proceeding, NCLT Hearing, Corporate Debtor