Authority: National Company Law Tribunal, Jaipur Bench
Order Date: June 17, 2026
Case Overview
This document is a procedural order from the National Company Law Tribunal (NCLT), Jaipur Bench, concerning an interlocutory application (IA No. 206/JPR/2024) within a larger insolvency petition. The underlying case is CP (IB) No. 39(PB)2018, which is an application filed under Section 7 of the Insolvency and Bankruptcy Code, 2016, by The Administrator of Specified Undertaking of Unit Trust of India & Anr. (the financial creditor) against Modern Syntex (India) Limited (the corporate debtor). The hearing was conducted via a web-based video conferencing platform. The bench was composed of Hon'ble Ms. Reeta Kohli (Judicial Member) and Hon'ble Ms. Kavita Bhatnagar (Technical Member). Multiple advocates, including Dr. Kamini Lau, represented the applicant, while Varsha Banerjee, Adv., represented the respondent.
Final Outcome
The counsel for the applicant requested an adjournment. The NCLT bench granted this request and adjourned the hearing. The matter is now posted for the next hearing on July 21, 2026. No substantive decisions on the merits of the insolvency petition were made in this order.
Topics: Insolvency Proceeding, NCLT, Adjournment