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

Order Date: June 9, 2026

Case Overview

The matter involves an Interlocutory Application (IA/36(MP)2025) filed within the main Company Petition (C.P.(IB)/56(MP)2021). The application is filed by JSM Devcons Pvt Ltd as the Applicant against Mukesh Shivhare & Others as Respondents. The proceedings are conducted under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Section 32A and 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). During the hearing, only the applicant's representative, Mr. Keshav Khandelwal, Advocate, was present online. The respondents were not represented.

Final Outcome

The Tribunal adjourned the hearing after being informed by the Court Officer that a leave note had been received in the matter. The case has been relisted for the next hearing on July 20, 2026. No substantive orders were passed, and the matter remains pending.

Topics: NCLT Proceeding, Insolvency Matter, Adjournment