Case Details

Case Name: Kumar Casting Pvt Ltd vs Jagdamba Loha Udhyog Pvt Ltd

Court/Authority: National Company Law Tribunal Allahabad Bench Prayagraj

Case Numbers: IA No.231/2022, IA No.257/2021, IA No.239/2023, IA No.240/2023, IA No.155/2025 & CONT. Appl. No.03/ALD/2025 IN CP (IB) No.213/ALD/2018

Under Section: 9 IBC (Resolution Plan Approved)

Date of Order: 26th May, 2026

Next Hearing Date: 14th July, 2026

Parties Involved

Petitioner: Kumar Casting Pvt Ltd

Respondent: Jagdamba Loha Udhyog Pvt Ltd

Other Parties: Punjab National Bank (Applicant in IA No.257/2021 & Respondent in other applications)

Counsel Appeared

Sh. Sushil Agarwal, Adv. - For the SRA in Cont. Appl. No.03/ALD/2025

Sh. Sanjeev Panda, Adv. - For Applicant/PNB in IA No.257/2021 & Respondent in other applications

Proceedings

The matter has been adjourned to 14th July, 2026 before the Regular Bench at the request of the counsel representing the Applicant. The case involves multiple interim applications and a contempt application under the Insolvency and Bankruptcy Code. A resolution plan has already been approved in this matter.

Tribunal Composition

Ms. Reeta Kohli, Hon'ble Member (Judicial)

Shri Ashish Verma, Hon'ble Member (Technical)

The order is procedural in nature, dealing with the adjournment of hearing dates rather than substantive matters of violation or penalty.