Authority: National Company Law Tribunal (NCLT), Allahabad Bench, Prayagraj
Order Date: 29th June, 2026
Case Overview
The National Company Law Tribunal (NCLT), Allahabad Bench, heard CP (IB) No.74/ALD/2023. The petition was filed under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. The proceedings involve M/S JVP Soft Pvt. Ltd. as the Operational Creditor versus M/S DLT Labs Technologies Pvt. Ltd. as the Corporate Debtor. During the hearing on 29th June 2026, no counsel was physically or virtually present to represent either the Operational Creditor or the Corporate Debtor.
Final Outcome
The bench, comprising Hon'ble Member (Judicial) Sh. Praveen Gupta and Hon'ble Member (Technical) Sh. Ashish Verma, adjourned the matter in the interest of justice. The next hearing is scheduled for 11th August 2026. The order was authenticated by the bench members and the stenographer, Kavya Prakash Srivastava.
Topics: Insolvency Proceeding, NCLT Hearing, Corporate Debt