Case Details

  • Case Name: IA No.244/2026 IN CP (IB) No.42/ALD/2022
  • Parties Involved: Almighty Private Construction Ltd. (Corporate Debtor) vs. Bhola Singh Jaiprakash (Respondent/Operational Creditor)
  • Court/Authority: National Company Law Tribunal (NCLT), Allahabad Bench, Prayagraj
  • Bench Composition: Shri Praveen Gupta, Hon'ble Member (Judicial) and Shri Ashish Verma, Hon'ble Member (Technical)
  • Date of Order: 20th May, 2026
  • Under Section: 9 of the Insolvency and Bankruptcy Code (IBC), 2016

Parties Involved

  • Corporate Debtor: Almighty Private Construction Ltd.
  • Respondent/Operational Creditor: Bhola Singh Jaiprakash
  • Counsel for Corporate Debtor: Sh. Rupendra Kumar Porwal, Advocate
  • Counsel for Applicant in IA No.244/2026: Ms. Ishu Dubey, Advocate

Order & Procedural Directions

This is an interim order for an application (IA No.244/2026) filed within the main insolvency petition (CP (IB) No.42/ALD/2022).

1. The Tribunal ordered that notices be issued to the non-applicant respondent, Bhola Singh Jaiprakash.

2. The learned counsel representing the Operational Creditor accepted the notice and sought a time of two weeks to file objections to the present interim application (IA No.244/2026).

3. The Tribunal granted the requested two-week period for filing objections. An advance copy of the objections must be supplied to the other side (the Corporate Debtor).

4. A rejoinder, if any, is to be filed by the applicant within one week after the objections are received.

5. The matter has been adjourned for its next hearing on 6th July, 2026.

The order was signed by both members of the bench, Ashish Verma (Member Technical) and Praveen Gupta (Member Judicial). The stenographer for the proceeding was Shubhangi Singh.

Note: This is a procedural order. The issues/allegations, findings, penalties, and final ruling of the main insolvency petition are not detailed in this specific document.