Authority: National Company Law Tribunal (NCLT), Allahabad Bench, Prayagraj
Order Date: 11th June, 2026
Case Overview
This order pertains to Interlocutory Application (IA) No.389/2026 filed within the main Company Petition (CP) No.37/ALD/2024. The application was filed by Amar Ujala Limited & Anr. (the Applicant) against Raama Paper Mills Limited, which is currently undergoing a Corporate Insolvency Resolution Process (CIRP) under Section 7 of the Insolvency and Bankruptcy Code (IBC). The specific nature of the application (IA No.389/2026) is not detailed in this procedural order. The hearing was conducted before a division bench comprising Hon'ble Member (Judicial) Sh. Praveen Gupta and Hon'ble Member (Technical) Sh. Ashish Verma.
Final Outcome
The Tribunal issued formal notice of the application to the non-applicant respondent, the Resolution Professional (RP). Counsel for the RP, Ms. Shivani Jaiswal, accepted the notice on behalf of the RP, Sh. Sandeep Kumar Agarwal, who was present in person. The RP's counsel sought and was granted two weeks' time to file a reply or objections to the application. The matter has been adjourned for further hearing on 29th June, 2026. No substantive decision on the merits of the application was made in this hearing.
Topics: NCLT Proceedings, Corporate Insolvency, Adjournment