Authority: National Company Law Tribunal (NCLT), Indore Bench, Court No. 1
Order Date: 22 June 2026
Case Overview
The National Company Law Tribunal (NCLT), Indore Bench, heard an Interlocutory Application numbered IA(Dis)/1(MP)2026. This application was filed within the main insolvency proceeding, CP(IB) 43 of 2020, and was specifically brought under Section 54 of the Insolvency and Bankruptcy Code, 2016, read with Regulation 45 of the relevant regulations. The applicant was Chaya Gupta, who is the Liquidator of Rajpal Autolink Pvt Ltd. The matter was heard by a bench comprising Hon'ble Shri Brajendra Mani Tripathi (Member - Judicial) and Hon'ble Shri Man Mohan Gupta (Member - Technical). The applicant was represented by Mr. Prayas Ram, a Practicing Company Secretary (PCS), along with the Liquidator, Mrs. Chhaya Gupta, appearing in person.
Final Outcome
After hearing the representations from the applicant's side and perusing the case record, the bench reserved the matter for order. A final ruling or direction on the application was not delivered on this date and is pending.
Topics: Corporate Insolvency, Liquidation Process, NCLT Proceeding