Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 09 June 2026
Case Overview
The matter involves Interlocutory Application No. IA/335(MP)2024 filed within the main Company Petition CP(IB)/22(MP)2023. The application was filed by Navin Khandelwal in his capacity as the Resolution Professional of M/s Shri Ram Switchgears Ltd against Religare Finvest Ltd & Others. The proceedings are being conducted under Section 60(5)(c) 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 Tribunal granted an adjournment as the counsel for the applicant, Mr. Rohit Dubey (appearing physically), sought more time. The matter has been listed for the next hearing on 12th August 2026. No substantive orders were passed on the merits of the case during this hearing.
Topics: Insolvency Proceedings, NCLT Adjournment