Authority: National Company Law Tribunal Allahabad Bench Prayagraj, Division Bench comprising Sh. Praveen Gupta (Hon'ble Member Judicial) and Sh. Ashish Verma (Hon'ble Member Technical)
Order Date: 29th June, 2026
Case Overview
The hearing concerned IA No.280/2024 in CP (IB) No.05/ALD/2020, which involves Sanghvi Movers Ltd as the applicant/operational creditor versus Anindya Infratech Pvt Ltd. The proceedings fall under Section 9 of the Insolvency and Bankruptcy Code (IBC). A key background detail noted in the document is that the Corporate Insolvency Resolution Process (CIRP) for this case has been withdrawn. During the hearing on 29th June 2026, no counsel appeared for the applicant/operational creditor.
Final Outcome
The bench, citing the interest of justice, adjourned the matter. The next hearing is scheduled for 11th August 2026.
Topics: NCLT Proceedings, Insolvency Case, Legal Adjournment