Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 17 June 2026
Case Overview
The matter involves an interlocutory application (IA/216(MP)2026) filed within another application (IA/7(MP)2026) in the main insolvency petition (CP(IB)/16(MP)2024). The applicants, Reena Upadhyay & Others, have filed against the respondent, Kuldeep Tank, who is the Resolution Professional (RP) of M/s Shree Uttam Food Products (India) Pvt Ltd. The proceedings are being conducted under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Rule 11 of the NCLT Rules. The bench comprised Hon'ble Shri Brajendra Mani Tripathi (Member Judicial) and Hon'ble Shri Man Mohan Gupta (Member Technical).
Final Outcome
The hearing was adjourned due to the absence of any representative for the applicant. The counsel for the respondent, Ms. Darshana Baghel (appearing online), was granted 10 days to file a reply to the application, with an advance copy to be provided to the applicant. The matter has been listed for the next hearing on 22 July 2026.
Topics: Insolvency Proceeding, NCLT Hearing, Corporate Legal Dispute