Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 17/06/2026
Case Overview
The National Company Law Tribunal (NCLT) Indore Bench heard an interlocutory application (IA/51(MP)2026) filed within the main insolvency proceeding (MP) CP(IB) 68 of 2020. The application was filed under Section 33(2) of the Insolvency and Bankruptcy Code, 2016. The applicant was Bishwa Ranjan Chatterjee in his capacity as the Resolution Professional (RP) for M/s Suman Phosphates and Chemicals Ltd, while the respondent was Suman Phosphates and Chemicals Ltd itself. The matter was heard by a bench comprising Hon'ble Shri Brajendra Mani Tripathi (Member Judicial) and Hon'ble Shri Man Mohan Gupta (Member Technical).
Final Outcome
The NCLT bench adjourned the matter and listed it for the next hearing on July 20, 2026. No substantive decision was made in this order beyond scheduling the next hearing date.
Topics: Insolvency Proceedings, NCLT Hearing, Corporate Debtor