Authority: National Company Law Tribunal, Jaipur Bench

Order Date: June 16, 2026

Case Overview

The National Company Law Tribunal (NCLT) Jaipur Bench heard an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petition was filed by M/s Npv Global Fz Lle (Operational Creditor/Applicant) against M/s Sneh Polymers Pvt. Ltd. (Corporate Debtor/Respondent). The bench comprised Hon'ble Ms. Reeta Kohli (Judicial Member) and Hon'ble Ms. Kavita Bhatnaagar (Technical Member). The matter was heard through a web-based video conferencing platform as Item No. 103 CP No. (IB)-40/9/JPR/2026.

The tribunal did not make any substantive determination on the merits of the insolvency petition at this hearing. Instead, it issued procedural directions for the service of notice and filing of replies.

Final Outcome

The case was adjourned to July 6, 2026. The registry and the petitioner were directed to serve notice to the respondents and submit a service report along with the copy sent to respondents, postal receipt, and track/acknowledgment before the next date of hearing. Upon service of notice, the respondents (Sneh Polymers Pvt. Ltd.) are directed to file their reply before the next date of hearing by serving an advance copy to the counsel for the applicant.

Topics: Insolvency Proceeding, Corporate Debt