Authority: National Company Law Tribunal (NCLT), Jaipur Bench
Order Date: July 06, 2026
Case Overview
The National Company Law Tribunal (NCLT), Jaipur Bench, heard CP No. (IB)-7/9/JPR/2026, an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. The petition was filed by Puja Gupta, Sole Proprietor of M/S Tushar Steels, as the Operational Creditor against Lakshmanyeer Steel Pvt. Ltd., the Corporate Debtor. The matter was heard by a bench comprising Hon'ble Ms. Reeta Kohli (Judicial Member) and Hon'ble Ms. Kavita Bhatnagar (Technical Member).
During the hearing, the counsel for the Corporate Debtor/Respondent (Lakshmanyeer Steel Pvt. Ltd.) informed the tribunal that they had been unable to file their reply to the petition due to a technical glitch.
Final Outcome
The tribunal granted the Corporate Debtor a one-week extension from the order date (06 July 2026) to file its reply. The order mandates that an advance copy of the reply must be provided to the counsel for the Operational Creditor. The case has been adjourned and posted for final arguments on 03 August 2026.
Topics: Insolvency Proceeding, NCLT, Adjournment