NCLT Chandigarh Adjourns JFC Finance vs Mohak Carpets

Authority: National Company Law Tribunal Chandigarh Bench (Court – I)

Order Date: 09.06.2026

Case Overview

The National Company Law Tribunal (NCLT) Chandigarh Bench was hearing CA No.297/2019 and IA No.1439/2023 in the main petition CP(IB) No. 271/Chd/Pb/2018, which had been admitted. The case involves JFC Finance (India) Ltd. as the petitioner and Mohak Carpets Pvt. Ltd. as the respondent. The proceedings are being conducted under Sections 7, 66(1), Rule 35, and 60(5) of the Insolvency and Bankruptcy Code, 2016.

Final Outcome

The matter was not taken up for hearing on June 9, 2026, due to paucity of time. The NCLT has adjourned the case to August 24, 2026, for the next hearing.

Topics: Insolvency Proceeding, Corporate Debt, Adjournment