Authority: National Company Law Tribunal, Jaipur Bench
Order Date: July 07, 2026
Case Overview
The National Company Law Tribunal (NCLT) Jaipur Bench heard IA No. 587/JPR/2023 in CP No. (IB)-51/7/JPR/2023, an application filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The matter involves Sri Krishna Tyres as the Financial Creditor/Applicant versus J.K. Tyre and Industries Ltd. as the Corporate Debtor/Respondent. Both parties' counsels jointly informed the tribunal that the matter is currently pending adjudication before the National Company Law Appellate Tribunal (NCLAT) and is scheduled for hearing there on August 06, 2026.
Final Outcome
The NCLT Judicial Member, Ms. Reeta Kohli, ordered the matter to be adjourned and posted for next hearing on August 12, 2026, in light of the pending proceedings before the NCLAT. The case remains unresolved pending the appellate tribunal's decision.
Topics: Insolvency Proceedings, Corporate Litigation, Legal Adjournment