Authority: National Company Law Tribunal, Jaipur Bench
Order Date: June 30, 2026
Case Overview
The National Company Law Tribunal (NCLT) Jaipur Bench, comprising Judicial Member Reeta Kohli and Technical Member Kavita Bhatnagar, heard three interconnected applications in the insolvency proceedings of Vadera Tradelink Pvt. Ltd. under Section 7 of the Insolvency and Bankruptcy Code, 2016, initiated by financial creditor Union Bank of India.
IA No. 271/JPR/2026 was filed by the Employees' Provident Fund Organisation (EPFO) against the Liquidator seeking admission of its claim. The Liquidator had issued a letter dated March 13, 2026, requesting further information from EPFO and stating that the claim would be verified based on available records. Counsel for the Liquidator confirmed that the claim verification process was still pending.
Cont. A (IBC) No. 6/425/JPR/2026 involved a notice of motion where Advocate Rajendra K. Salecha, appearing for the respondent, sought time to file a reply. The tribunal directed the registry and petitioner to serve notices to Respondent No. 2 and 3 and submit service reports along with copies, postal receipts, and tracking acknowledgments before the next hearing.
IA (Liq.) Progress Report No. 15/JPR/2026 was an application filed by the Liquidator to place on record the first progress report for the quarter ended March 31, 2026.
Final Outcome
The tribunal disposed of IA No. 271/JPR/2026 (EPFO's claim application) as premature since the claim verification was still ongoing. In Cont. A (IBC) No. 6/425/JPR/2026, the matter was posted to July 21, 2026, and respondents were directed to file their replies upon being served with notices. The Liquidator's progress report was taken on record and IA (Liq.) Progress Report No. 15/JPR/2026 was disposed of accordingly.
Topics: Insolvency Proceedings, EPFO Claim, Liquidator Report