Authority: National Company Law Tribunal (NCLT), Allahabad Bench, Prayagraj
Order Date: 8th June, 2026
Case Overview
The National Company Law Tribunal (NCLT), Allahabad Bench, presided over by Member (Judicial) Sh. Praveen Gupta and Member (Technical) Sh. Ashish Verma, heard an insolvency petition filed by an operational creditor against Pramod Telecom Limited. The petition was registered as CP (IB) No.71/ALD/2026 and was filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC). Sh. Parth Davar, Advocate, appeared for the Operational Creditor. The order is procedural and deals with the issuance of notice to the Corporate Debtor.
Final Outcome
The Tribunal directed that notices be issued to the Respondent/Corporate Debtor, Pramod Telecom Limited. The registry was instructed to prepare the notice, and the counsel for the Operational Creditor was permitted to collect it. The counsel is to serve the notice, the application, and other material papers on the Corporate Debtor via email and speed post. The counsel must subsequently file a proof of service, including the postal receipt and tracking report, along with an affidavit of service within a week of service or before the next date of hearing, whichever is earlier.
The Corporate Debtor was granted a period of two weeks from the date of receipt of notice to file its reply, with an advance copy to be supplied to the Operational Creditor's counsel. The Operational Creditor was then granted a further two weeks to file a rejoinder if required, with an advance copy to be supplied to the Corporate Debtor's counsel.
The matter was adjourned for further hearing on 28th July, 2026.
Topics: Insolvency, NCLT, Corporate Debtor