Case Details

  • Case Name: Rapidue Technologies Private Limited vs Himgiri Ispat Private Limited
  • Court/Authority: National Company Law Tribunal (NCLT), Allahabad Bench, Prayagraj
  • Case Number: CP (IB) No.73/ALD/2025
  • Special Bench Item No.: 104
  • Date of Order: 25th May, 2026
  • Under Section: 9 of the Insolvency and Bankruptcy Code (IBC)

Parties Involved

  • Operational Creditor: Rapidue Technologies Private Limited
  • Respondent: Himgiri Ispat Private Limited
  • Legal Representation: Sh. Saral Sharma, Advocate for the Operational Creditor
  • Tribunal Bench: Ms. Reeta Kohli (Hon'ble Member - Judicial) and Shri Ashish Verma (Hon'ble Member - Technical)

Order & Proceedings

  • The matter was heard by a Special Bench of the NCLT Allahabad Bench.
  • The bench ordered the adjournment of the hearing.
  • The case has been rescheduled for further hearing before the Regular Bench on 20th July, 2026.
  • The order was signed by both members of the bench: Ashish Verma (Member - Technical) and Reeta Kohli (Member - Judicial).
  • The stenographer for the proceeding was Avaneesh Kumar Singh.

Nature of Case

  • This is an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, which pertains to initiation of corporate insolvency resolution process by operational creditors.