Authority: National Company Law Tribunal Allahabad Bench, Prayagraj
Order Date: 9th June, 2026
Case Overview
The National Company Law Tribunal (NCLT) Allahabad Bench heard IA No.253/2025 in CP (IB) No.71/ALD/2017, which involves Bank of Baroda as the financial creditor versus Rotomac Exports Pvt Ltd under Section 7 of the Insolvency and Bankruptcy Code (IBC). The company is currently in liquidation. Counsel for the respondent (non-applicant) sought a short accommodation to address arguments in the matter.
Final Outcome
The NCLT bench comprising Member (Judicial) Praveen Gupta and Member (Technical) Ashish Verma adjourned the matter for further hearing on 29th July, 2026, granting the requested accommodation.
Topics: Insolvency Proceedings, NCLT Hearing, Corporate Liquidation