Authority: National Company Law Tribunal, Allahabad Bench, Prayagraj
Order Date: 29th June, 2026
Case Overview
The National Company Law Tribunal (NCLT) Allahabad Bench heard CP (IB) No.105/ALD/2025, an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code (IBC). The petition involves Titania Infratech Private Limited as the Operational Creditor and V.A. Infraventures Private Limited as the Corporate Debtor.
During the hearing, counsel for the Corporate Debtor, Sh. Yash Tandon, requested an adjournment on the grounds that the learned arguing counsel for the Corporate Debtor, Sh. Praveen Mahajan, was unavailable.
Final Outcome
The bench comprising Sh. Praveen Gupta (Member Judicial) and Sh. Ashish Verma (Member Technical) granted the adjournment request. The matter was rescheduled for hearing on 3rd August, 2026. The bench specifically ordered that "Interim to continue in the meantime," meaning any existing interim orders or protections remain in effect until the next hearing date.
Topics: Insolvency Proceedings, NCLT Hearing