Authority: National Company Law Tribunal, Allahabad Bench, Prayagraj
Order Date: 10th June, 2026
Case Overview
The National Company Law Tribunal (NCLT) Allahabad Bench heard CP (IB) No.66/ALD/2026, an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code (IBC) by operational creditor Integrity FZE against corporate debtor M/S Genuine Electric Company Private Limited. The matter was heard by a division bench consisting of Sh. Praveen Gupta (Hon'ble Member Judicial) and Sh. Ashish Verma (Hon'ble Member Technical). Ms. Gunjan Jadwani, Advocate, appeared for the operational creditor.
Final Outcome
The tribunal directed the registry to issue formal notices to the respondent/corporate debtor (Genuine Electric Company Private Limited). The operational creditor's counsel was permitted to collect the notice and serve it on the corporate debtor through both email and speed post. The operational creditor must file proof of service including postal receipt, tracking report, and affidavit of service within one week from the date of service or before the next hearing date, whichever is earlier. The corporate debtor was granted two weeks from the date of notice receipt to file their reply, with an advance copy to be supplied to the operational creditor's counsel. The operational creditor may then file a rejoinder within ten days, with an advance copy to the corporate debtor's counsel. The matter has been adjourned for further hearing on 22nd July, 2026.
Topics: Insolvency Proceedings, NCLT Order, Corporate Debtor