NCLT Chandigarh adjourned multiple applications in the Praxis Developers India Pvt. Ltd. insolvency case to June 2, 2026.
Applications were filed under Sections 33(2), 19(2), and 60(5) of the Insolvency and Bankruptcy Code, 2016.
The matter involves a petition under Section 7 filed by Mr. Sandeep Bidani against the corporate debtor.
The Resolution Professional and applicant's counsel were present during the special bench hearing.