Authority: National Company Law Tribunal Allahabad Bench Prayagraj
Order Date: 10th June, 2026
Case Overview
The National Company Law Tribunal (NCLT) Allahabad Bench, comprising Hon'ble Member (Judicial) Sh. Praveen Gupta and Hon'ble Member (Technical) Sh. Ashish Verma, heard IA No.488/2025 in CP (IB) No.120/ALD/2017. The application arises from an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code (IBC) by M/s Ranasaria Poly Pack Pvt Ltd against M/s Uniworld Sugars Pvt Ltd. The main petition was disposed of on 20th March, 2023. Counsel Sh. Rohit Gupta with Sh. Anuj Tiwari appeared for the applicant.
Final Outcome
The Bench adjourned the hearing to 13th July, 2026, at 12:30 PM. It directed the non-applicant/respondent (M/s Uniworld Sugars Pvt Ltd) to file a better reply on or before the next date of hearing, with an advance copy to be supplied to the applicant. The existing interim order was directed to continue until the next hearing.
Topics: NCLT Proceedings, Insolvency Matter, Adjournment