Authority: National Company Law Tribunal (NCLT), Jaipur Bench
Order Date: July 13, 2026
Case Overview
The National Company Law Tribunal (NCLT), Jaipur Bench, comprising Hon'ble Ms. Reeta Kohli (Judicial Member) and Hon'ble Ms. Kavita Bhatnaagar (Technical Member), heard multiple interconnected applications (IA No. 252/JPR/2023, IA No. 04/JPR/2026 & IA (IBC) (Dis.) No. 01/JPR/2026) in the main matter CP No. (IB)-156/9/JPR/2019. The proceeding is an insolvency application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC). Toyota Kirloskar Motors Private Limited is the Operational Creditor/Applicant, and R.S. Motors Private Limited is the Corporate Debtor/Respondent.
The hearing was a procedural update. Counsel for the respondent (R.S. Motors) informed the bench that they had filed their reply on the same day (July 13, 2026) and had furnished a copy to the counsel for the applicant (Toyota Kirloskar).
Final Outcome
Granting a request from the counsels, the bench adjourned the matter and posted it for further hearing on August 18, 2026. It further directed that the hearing shall be taken up on a day-to-day basis from that date until its final conclusion. No substantive decision on the merits of the insolvency application was made in this order.
Topics: Insolvency Proceeding, NCLT Order, Corporate Debtor