Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 16/07/2026
Case Overview
The National Company Law Tribunal (NCLT) Indore Bench heard Interlocutory Application IA/2(MP)2025 in Transfer Petition (TP) 191 of 2019, which originated from Company Petition (CP) 98 of 2018. The matter involves Tirupati Starch & Chemicals Ltd as the applicant versus Chaya Gupta, the Liquidator of Jyoti Overseas Ltd, as the respondent. The applicant's counsel, Mr. Pratik Tripathi (PCS), appeared online, while the respondent's counsel, Mr. Vijayesh Atre and Ms. Aarya Chhangnai (Advocates), appeared physically. The applicant submitted that the Hon'ble National Company Law Appellate Tribunal (NCLAT) had already granted a stay in Company Appeal (AT) No. 144 of 2022 vide order dated 24.08.2022. Based on this submission, the applicant requested that the present matter be taken up only after the disposal of the said appeal.
Final Outcome
The NCLT Bench, comprising Hon'ble Shri Brajendra Mani Tripathi (Member Judicial) and Hon'ble Shri Man Mohan Gupta (Member Technical), ordered the matter to be listed next on 17th September 2026, effectively adjourning the hearing pending the outcome of the NCLAT appeal.
Topics: NCLT Proceedings, Insolvency Matter, Adjournment