Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 17 June 2026
Case Overview
This proceeding involves an Interlocutory Application (IA/22(MP)2025) filed within the main insolvency case TP 230 of 2019 [CP(IB) 192 of 2017]. The application was filed by Vandana Khadayate against Chhaya Gupta, the Resolution Professional (RP) of JSM Devcons Pvt Ltd. The matter was being heard under Section 60(5) 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 hearing was adjourned after the Court Officer informed the bench that a leave note had been received from the Respondent/Resolution Professional, Chhaya Gupta. In the note, she stated she was unable to appear before the tribunal due to personal difficulties and sought an adjournment. The tribunal accepted the request and adjourned the matter. The case has been listed for the next hearing on 11 August 2026.
Topics: Insolvency Proceeding, NCLT Hearing, Adjournment