Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 06 July 2026
Case Overview
This proceeding arises from an Interlocutory Application (IA/57(MP)2025) filed in the main Company Petition (CP(IB)/81(MP)2022) under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 read with Rule 11 of the NCLT Rules. The applicant, E-Square Leisure Pvt Ltd, is seeking details of the Successful Resolution Applicant (SRA) from the Resolution Professional (RP), Ashok Kumar Gulla, of Carnival Films Pvt Ltd. The matter was heard by a bench comprising Hon'ble Shri Brajendra Mani Tripathi (Member Judicial) and Hon'ble Shri Man Mohan Gupta (Member Technical).
During the previous hearing on 12 May 2026, the Tribunal had directed the erstwhile Resolution Professional to furnish the details of the SRA to enable the applicant to carry out necessary amendments in their application. However, these details had not been provided as of the current hearing date.
Final Outcome
The Tribunal directed the erstwhile Resolution Professional to provide the details of the Successful Resolution Applicant to the applicant (E-Square Leisure Pvt Ltd) within a period of one week from the order date. The matter has been listed for next hearing on 04 August 2026.
Topics: Corporate Insolvency, NCLT Proceedings, Resolution Professional Compliance