Authority: National Company Law Tribunal, Jaipur Bench
Order Date: June 15, 2026
Case Overview
The National Company Law Tribunal (NCLT) Jaipur Bench heard IA No. 586/JPR/2023 in CP No. (IB)-38/7/JPR/2022, filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The matter involves Smt. Mohini Devi, Proprietor of Khandelwal Constructions and Building Materials, as the financial creditor versus Khandelwal Buildcon Pvt. Ltd. as the corporate debtor. The proceeding was conducted through a web-based video conferencing platform. The respondent's counsel requested an adjournment during the hearing.
Final Outcome
The NCLT Bench, comprising Judicial Member Ms. Reeta Kohli and Technical Member Ms. Kavita Bhatnagar, granted the adjournment request. The matter has been rescheduled for hearing on July 8, 2026.
Topics: Insolvency Proceeding, NCLT Hearing, Corporate Debtor