Authority: National Company Law Tribunal, Jaipur Bench
Order Date: June 30, 2026
Case Overview
The India SME Asset Reconstruction Company Ltd. (Applicant/Creditor) filed an Interlocutory Application (IA No. 308/JPR/2026) seeking an early hearing of the main Company Petition (CP No. (IB)-102/95/JPR/2025). This petition was filed under Section 95 of the Insolvency and Bankruptcy Code, 2016, initiating insolvency proceedings against Natasha Singh in her capacity as a Personal Guarantor (PG) to the Corporate Debtor, Girivar Hotel and Resort Pvt. Ltd. The matter was heard by a bench comprising Judicial Member Ms. Reeta Kohli and Technical Member Ms. Kavita Bhatnagar.
Final Outcome
The tribunal dismissed the application for early hearing. The order states that the bench was "not inclined to grant any indulgence" as the next date of hearing for the main petition was already scheduled for July 17, 2026. The IA was dismissed and disposed of accordingly.
Topics: Insolvency Proceedings, Personal Guarantor, Legal Dismissal