Authority: National Company Law Tribunal (NCLT), Jaipur Bench

Order Date: June 15, 2026

Case Overview

The National Company Law Tribunal (NCLT), Jaipur Bench, comprising Judicial Member Ms. Reeta Kohli and Technical Member Ms. Kavita Bhatnagar, heard Interim Application No. 5/JPR/2026. This application was filed in connection with CP No. (IB)-64/9/JPR/2024, which is an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC). The operational creditor/applicant is Raj Metal Industries, and the corporate debtor/respondent is NDA Metaoxides Pvt. Ltd. The matter was listed for hearing via a web-based video conferencing platform. The counsel for the applicant, Nitesh Shrivastava, Adv., was present. No substantive hearing on the merits of the case occurred. The principal allegation, which is the underlying default leading to the Section 9 application, was not detailed in this specific order.

Final Outcome

The Bench, on the request of the applicant's counsel, adjourned the matter. The next date of hearing is scheduled for June 22, 2026. No penalties, settlements, or other directions were issued in this order.

Topics: Insolvency Proceeding, NCLT Adjournment