Authority: National Company Law Tribunal (NCLT), Jaipur Bench
Order Date: July 07, 2026
Case Overview
The National Company Law Tribunal (NCLT), Jaipur Bench, was hearing matters related to CP No. (IB)-35/7/JPR/2024, an application filed under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The proceedings involved Kotak Mahindra Bank Ltd. as the Financial Creditor/Applicant and Morani Motors Pvt. Ltd. as the Corporate Debtor/Respondent. Multiple interlocutory applications were also listed for hearing, specifically IA No. 192/JPR/2026 and IA No. 296/JPR/2026. The bench was comprised of Hon'ble Ms. Reeta Kohli, Judicial Member. Representatives for the Resolution Professional, the Applicant (Kotak Mahindra Bank), and the Respondent (Morani Motors) were present.
Final Outcome
The hearing was adjourned to July 14, 2026, for arguments. The order explicitly states the reason for the adjournment was "the absence of Hon'ble Member (T)" (the Hon'ble Technical Member). No further substantive orders or directions were issued on this date.
Topics: Insolvency Proceeding, Hearing Adjournment