Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 17 June 2026
Case Overview
This matter involves an interlocutory application (IA/378(MP)2024) filed within the main insolvency proceeding TP 230 of 2019 [which originated from CP(IB) 192 of 2017]. The application is in the matter of Ashok Choudhary versus Chhaya Gupta, the Resolution Professional (RP) of JSM Devcons India Pvt Ltd. The proceedings are being conducted 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. The court was informed that the Respondent/Resolution Professional, Chhaya Gupta, had submitted a leave note stating she was unable to appear due to personal difficulties and had sought an adjournment. The tribunal granted the adjournment and listed the matter for the next hearing on 11 August 2026.
Topics: Insolvency Proceeding, NCLT Hearing, Adjournment