Authority: National Company Law Tribunal (NCLT), Jaipur Bench
Order Date: June 30, 2026
Case Overview
The application (IA No. 309/JPR/2026) was filed by India SME Asset Reconstruction Company Ltd., a creditor, in the matter of CP No. (IB)-105/95/JPR/2025. The proceedings were initiated under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016. The respondent in the case is Gajendra Singh, who is the personal guarantor to the corporate debtor, Girivar Hotel and Resort Pvt. Ltd. The applicant sought an early hearing of the main petition.
Final Outcome
The bench, comprising Judicial Member Ms. Reeta Kohli and Technical Member Ms. Kavita Bhatnagar, dismissed the application. The order stated that the next date of hearing was already scheduled for July 17, 2026, and therefore, the bench was "not inclined to grant any indulgence." The application was dismissed and disposed of.
Topics: NCLT, Insolvency Proceeding