Authority: National Company Law Tribunal Allahabad Bench, Prayagraj
Order Date: 8th June, 2026
Case Overview
The National Company Law Tribunal (NCLT) Allahabad Bench heard two applications related to the liquidation proceedings of Jodpl Pvt Ltd under Section 10 of the Insolvency and Bankruptcy Code (IBC). The matter was heard by a division bench comprising Judicial Member Praveen Gupta and Technical Member Ashish Verma. IA No.403/2023 was filed by an applicant represented by counsel Sh. Sumesh Dhawan and Sh. Sagar Thakkar, while the liquidator was represented by Ms. Vatsala Kak with Sh. Aspi M. Kapadia. IA (Liq. PR) No.41/2026 was a progress report filed by the liquidator.
Final Outcome
For IA No.403/2023, the counsel for the applicant sought a short accommodation to file a supplementary affidavit. The tribunal granted two weeks for this purpose and adjourned the matter for hearing on 21st July, 2026. For IA (Liq. PR) No.41/2026, the liquidator's progress report was taken on record subject to just exceptions, and the application was disposed of accordingly.
Topics: NCLT Proceedings, Corporate Insolvency, Liquidation