Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 13th July 2026
Case Overview
The matter pertains to an Interlocutory Application (IA) numbered IA(Liq)/5(MP)2025 filed in the main Company Petition CP(IB)/27(MP)2023. The application was filed under Section 33(2) of the Insolvency and Bankruptcy Code, 2016 read with Regulation 40D of the relevant regulations, concerning the liquidation process of Jiji Industries Ltd. The applicant in the matter is CA Pankaj Shah, who is the Resolution Professional (RP) for the corporate debtor, Jiji Industries Ltd. The bench comprised Hon'ble Shri Brajendra Mani Tripathi, Member (Judicial) and Hon'ble Shri Man Mohan Gupta, Member (Technical).
Final Outcome
The hearing was adjourned as no one appeared on behalf of the applicant (the Resolution Professional) despite repeated calls made by the bench in both rounds. The tribunal has relisted the matter for the next hearing on 19th August 2026.
Topics: Insolvency Proceeding, NCLT Hearing, Liquidation