NCLT Indore Reserves Indore Glass House Order

Authority: National Company Law Tribunal, Indore Bench, Court No. 1

Order Date: 29/06/2026

Case Overview

The National Company Law Tribunal (NCLT) Indore Bench heard proceedings under Section 7 of the Insolvency and Bankruptcy Code (IBC). The petition was filed by Prakash Chuhardas Khatri (Applicant/Financial Creditor) against Indore Glass House Pvt Ltd (Respondent/Corporate Debtor). The bench comprised Hon'ble Shri Brajendra Mani Tripathi (Member Judicial) and Hon'ble Shri Man Mohan Gupta (Member Technical). Both parties were represented by advocates who appeared physically before the tribunal.

Final Outcome

The tribunal reserved the matter for order after hearing rival contentions from both parties. The bench directed both parties to file their written submissions, if any, within one week from the order date (29/06/2026). No final decision on the admission or rejection of the insolvency petition has been pronounced at this stage.

Topics: Insolvency Proceeding, Corporate Debtor, NCLT