Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 17 June 2026
Case Overview
The matter concerns Interlocutory Application IA/19(MP)2025 filed in the main insolvency case TP 230 of 2019 [CP(IB) 192 of 2017] involving JSM Devcons India Pvt Ltd. The applicant is Mr. Amit Rara, while the respondent is Mrs. Chhaya Gupta, the Resolution Professional (RP) of JSM Devcons India Pvt Ltd. The bench comprised Hon'ble Shri Brajendra Mani Tripathi (Member Judicial) and Hon'ble Shri Man Mohan Gupta (Member Technical).
Final Outcome
The tribunal adjourned the hearing after receiving a leave note from the Respondent/Resolution Professional, Mrs. Chhaya Gupta, stating she was unable to appear due to personal difficulties and seeking an adjournment. The matter has been listed for the next hearing on 11 August 2026.
Topics: Insolvency Proceedings, NCLT Adjournment, Corporate Litigation