Authority: National Company Law Tribunal (NCLT), Indore Bench, Court No. 1
Order Date: 17 June 2026
Case Overview
This order pertains to an Interim Application (IA/553(MP)2025) filed within a main insolvency proceeding (TP 230 of 2019, which arose from CP(IB) 192 of 2017). The application was filed by Pukhraj Mal Jain & Anr against Ms. Chaya Gupta, the Resolution Professional (RP) for JSM Devcons India Pvt Ltd.
Final Outcome
The bench, comprising Member (Judicial) Shri Brajendra Mani Tripathi and Member (Technical) Shri Man Mohan Gupta, adjourned the hearing. The adjournment was granted because the court received a leave note from the Respondent/Resolution Professional, who stated she was unable to appear due to personal difficulties and sought an adjournment. The matter has been relisted for the next hearing on 11th August 2026.
This content may not be financially relevant as it describes a procedural adjournment without any substantive financial or operational decision.