Authority: National Company Law Tribunal (NCLT), Kolkata Bench, Court-I
Order Date: 16th June 2026
Case Overview
This is an order from the hearing of a corporate insolvency petition filed under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The financial creditor, UCO Bank, has initiated proceedings against the corporate debtor, Limtex Tea & Industry Limited. The matter is registered as C.P. (IB)/1929(KB)2019 and has an interconnected application IA(I.B.C)/277(KB)2026. The bench comprised Hon'ble Member (Judicial) Smt. Bidisha Banerjee and Hon'ble Member (Technical) Ms. Rekha Kantilal Shah. The hearing was attended via video conferencing or physically by Ms. Shreya Choudhury, Advocate, who appeared for the Resolution Professional (RP), Mr. Rakesh Kumar Agarwal.
Final Outcome
The tribunal granted an adjournment at the request of the Resolution Professional's counsel, Ms. Shreya Choudhury. The matter has been rescheduled for the next hearing on 20th July 2026. No substantive orders on the merits of the insolvency petition were passed in this hearing.
Topics: Insolvency Proceeding, NCLT Hearing, Adjournment