Authority: National Company Law Tribunal, Chandigarh Bench (Court – II)
Order Date: 09 June 2026
Case Overview
The matter involves an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. Vijay Laxmi Sales Corporation is the operational creditor (applicant) in the case against Sheeraj Projects Pvt. Ltd., the corporate debtor (respondent). The application is registered as CP (IB) No.42/Chd/Hry/2026.
Final Outcome
The hearing could not be taken up on 09 June 2026 due to paucity of time. The NCLT has adjourned the matter and scheduled the next hearing for 02 September 2026. The operational creditor was represented by Advocate Ms. Komal Nama.
Topics: Insolvency Proceeding, NCLT, Adjournment