NCLT Adjourns Pargon Packagings vs Rasik Products Hearing

Case Details

Case Name: M/s Pargon Packagings V/S Rasik Products Pvt. Ltd.

Court/Authority: National Company Law Tribunal (NCLT), Allahabad Bench, Prayagraj

Case Number: IA No.25/2026 IN CP (IB) No.38/ALD/2023

Date of Order: 20th May, 2026

Parties Involved

Petitioner: M/s Pargon Packagings

Respondent: Rasik Products Pvt. Ltd.

Bench Members: Shri Praveen Gupta (Hon'ble Member - Judicial), Shri Ashish Verma (Hon'ble Member - Technical)

Order

The hearing for this matter, filed under Section 9 of the Insolvency and Bankruptcy Code (IBC) and currently in the Corporate Insolvency Resolution Process (CIRP) stage, could not be taken up due to paucity of time. Consequently, the matter has been adjourned to 21st July 2026 for the next hearing.

No substantive issues, allegations, findings, penalties, or rulings were discussed or decided in this order, as it pertains solely to a procedural adjournment.