NCLT Adjourns JSM Devcons Insolvency Application to July

Authority: National Company Law Tribunal, Indore Bench, Court No. 1

Order Date: 15/06/2026

Case Overview

The matter involves Interlocutory Application No. IA/500(MP)2024 filed within the main Company Petition C.P.(IB)/56(MP)2021. The application is filed by Rajkumari Johari against Chaya Gupta, the Resolution Professional of JSM Devcons Pvt Ltd, and another respondent. The proceedings are conducted under Section 60(5)(c) of the Insolvency and Bankruptcy Code, 2016 read with Rule 11 of the NCLT Rules. 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 matter to July 7, 2026, based on the joint request of both parties' counsel. Mr. Rishi Paliwal represented the applicant online, while Mr. Keshav Khandelwal represented the respondent online. The adjournment was requested to align this matter with a connected case listed on the same date.

Topics: Corporate Insolvency, NCLT Proceedings, Adjournment