Authority: National Company Law Tribunal Allahabad Bench Prayagraj, Division Bench
Order Date: 9th June, 2026
Case Overview
The National Company Law Tribunal (NCLT) Allahabad Bench, comprising Hon'ble Member (Judicial) Sh. Praveen Gupta and Hon'ble Member (Technical) Sh. Ashish Verma, heard CP (IB) No.93/ALD/2022. The case involves an insolvency petition under Section 9 of the Insolvency and Bankruptcy Code (IBC) filed by operational creditor NCR Medical Agencies against corporate debtor M/S Atlanta Mediworld Pvt. Ltd.
During the hearing, Ms. Mohana Sharda, Advocate representing the Operational Creditor, requested an adjournment in the matter. Sh. Saurabh Paul, Advocate appeared for the Corporate Debtor. The Tribunal noted the request for adjournment and expressed expectation that the Operational Creditor's counsel would be prepared to present final arguments on the next hearing date.
Final Outcome
The NCLT adjourned the matter and scheduled the next hearing for 29th July, 2026. The order specifically expects the Operational Creditor's counsel to argue the matter finally on the next date of hearing.
Topics: Insolvency Proceeding, NCLT Hearing, Corporate Debt