Case Details
Case Name: M/S Harmukhrai Naredra Chand Jain vs. Krishna Prakashan Media Private Limited
Court/Authority: National Company Law Tribunal Allahabad Bench Prayagraj
Case Number: CP (IB) No.101/ALD/2025
Date of Order: 22nd May, 2026
Under Section: 9 IBC (Insolvency and Bankruptcy Code, 2016)
Parties Involved
Operational Creditor: M/S Harmukhrai Naredra Chand Jain
Corporate Debtor: Krishna Prakashan Media Private Limited
Tribunal Members: Sh. Praveen Gupta (Hon'ble Member - Judicial), Sh. Ashish Verma (Hon'ble Member - Technical)
Issues / Allegations / Violations
This is an insolvency petition filed by an operational creditor under Section 9 of the Insolvency and Bankruptcy Code, 2016. The specific nature of the operational debt or alleged default is not detailed in this procedural order.
Findings & Observations
The Tribunal observed from perusal of previous orders that there has been no representation on behalf of the Operational Creditor on several occasions, or adjournments have been sought by the Operational Creditor.
Final Ruling & Enforcement
The Tribunal granted one final opportunity to the Operational Creditor to make out their case. The matter has been adjourned to 8th July, 2026, to be shown in the supplementary list. No counsel appeared for the Operational Creditor during this hearing.
Order signed by:
- Ashish Verma, Member (Technical)
- Praveen Gupta, Member (Judicial)
Stenographer: Kavya Prakash Srivastava