Authority: National Company Law Tribunal Allahabad Bench, Prayagraj (Division Bench comprising Sh. Praveen Gupta, Hon'ble Member (Judicial) and Sh. Ashish Verma, Hon'ble Member (Technical))
Order Date: 8th June, 2026
Case Overview
This order pertains to Interlocutory Application No. 385 of 2025 in Company Petition (IB) No. 20/ALD/2024. The matter involves an insolvency petition filed by Lakshmi Float Glass Limited (Financial Creditor) against Triveni Glass Limited (Corporate Debtor) under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC). The hearing was attended by Sh. Vibhor Garg, Advocate for the Financial Creditor, and Sh. Mohd. Arkan (Proxy for Sh. Abhinav Gaur, Advocate) for the Corporate Debtor.
Final Outcome
The National Company Law Tribunal granted an adjournment of the final hearing to 20th July, 2026. This adjournment was made at the joint request of the learned counsels representing both sides in the matter. The case remains pending before the tribunal with no substantive decision on the insolvency petition made in this order.
Topics: Corporate Insolvency, NCLT Proceedings, Hearing Adjournment