Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 14 July 2026
Case Overview
The National Company Law Tribunal (NCLT) Indore Bench heard an interlocutory application IA/418(MP)2025 filed in the main corporate insolvency resolution process CP(IB)/68(MP)2022. The application was filed under Section 19(2) of the Insolvency and Bankruptcy Code, 2016. The matter involves Teena Saraswat Pandey serving as the Resolution Professional for M/s Om Shri Shubh Labh Agritech Pvt Ltd as the applicant, with Girraj Bansal and another party as respondents. The bench comprised Hon'ble Shri Brajendra Mani Tripathi (Member Judicial) and Hon'ble Shri Man Mohan Gupta (Member Technical).
Final Outcome
The NCLT Indore Bench reserved the matter for order after hearing arguments from both parties. The Resolution Professional Ms. Teena S. Pandey appeared in person online, while the respondents were represented by advocates Mr. Sanjeev Chaudhary and Mr. Shubham Budhiraja (online). The tribunal directed both parties to file their written submissions within one week before the final order is pronounced.
Topics: Corporate Insolvency, NCLT Proceedings, Agritech Sector