Authority: National Company Law Tribunal, Indore Bench, Court No. 1

Order Date: July 13, 2026

Case Overview

The National Company Law Tribunal (NCLT) Indore Bench heard proceedings under Section 95 of the Insolvency and Bankruptcy Code, 2016 (IBC). The application was filed by Tata Capital Ltd (formerly known as Tata Capital Financial Services Ltd) as the financial creditor against Ms. Manju Saurabh Garg as the respondent/debtor. The bench comprised Hon'ble Shri Brajendra Mani Tripathi (Member Judicial) and Hon'ble Shri Man Mohan Gupta (Member Technical).

During the proceedings, the respondent's counsel Mr. Akshat Sharma submitted that their reply had already been filed on the DMS portal on April 20, 2026. The applicant's counsel Ms. Nidhi Mistry stated that she had not received a copy of this reply and requested that it be provided to her.

Final Outcome

The Tribunal directed the respondent's counsel to once again furnish a copy of their reply to the applicant's counsel. Upon receipt of the reply, the applicant was granted permission to file a rejoinder within one week if they wished to do so. The matter was adjourned and listed for next hearing on August 3, 2026. The order was signed by both members of the bench.

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