Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 09/06/2026
Case Overview
This matter involves an Interlocutory Application (IA/626(MP)2025) filed within the main insolvency petition (CP(IB)/3(MP)2024). The Applicant, Dr. Mohammad Shah Nawaz Khan, filed this application against the Respondent, Ms. Chaya Gupta, the Resolution Professional (RP) of M/s Greater Kailash Hospitals Pvt Ltd (the Corporate Debtor). The proceedings are governed by Section 60(5)(c) of the Insolvency and Bankruptcy Code, 2016, read with Regulations 7, 13, and 14. The Applicant's counsel submitted that the directions given in a previous application (IA/347(MP)2025) vide order dated 02.06.2026 had not been complied with by the suspended management of the Corporate Debtor.
Final Outcome
The NCLT bench, comprising Hon'ble Shri Brajendra Mani Tripathi (Member Judicial) and Hon'ble Shri Man Mohan Gupta (Member Technical), directed the suspended management of the Corporate Debtor to comply with the order dated 02.06.2026. The matter was listed for the next hearing on 29.06.2026.
Topics: Insolvency Proceedings, NCLT Order, Corporate Compliance