Case Details
Case Name: J.P. Lawania & Ors. V/S Megma RFID & Labels Pvt. Ltd.
Court/Authority: National Company Law Tribunal Allahabad Bench Prayagraj
Case Number: CP (IB) No.60/ALD/2026
Date of Order: 25th May, 2026
Under Section: 7 IBC (Insolvency and Bankruptcy Code)
Parties Involved
Petitioners/Financial Creditors: J.P. Lawania & Ors.
Respondent/Corporate Debtor: Megma RFID & Labels Pvt. Ltd.
Bench Members: Ms. Reeta Kohli (Hon'ble Member - Judicial), Shri Ashish Verma (Hon'ble Member - Technical)
Counsel Appeared: Sh. Rishabh Govila, Advocate (for the Financial Creditor)
Order & Procedural Directions
- Notices issued to the Respondent/Corporate Debtor (Megma RFID & Labels Pvt. Ltd.)
- Registry directed to prepare the notice
- Learned Counsel for the Financial Creditor permitted to collect the notice and serve it on the Respondent through:
- Speed post
- Counsel directed to file proof of service including:
- Postal receipt
- Corresponding tracking report
- Affidavit of service
- Proof of service must be filed within three days from the date of service or before the next hearing date (whichever is earlier)
Timeline & Next Steps
- Respondent/Corporate Debtor granted two weeks to file reply from the date of receipt of notice
- Advance copy of reply must be supplied to the Financial Creditor's counsel
- Financial Creditor may file rejoinder within one week (if required)
- Advance copy of rejoinder must be supplied to the Corporate Debtor's counsel
- Matter adjourned for further hearing on: 7th July, 2026
Current Status
This is an initial hearing order where the tribunal has issued notice to the corporate debtor and set the procedural timeline for filing replies. The matter involves a financial debt dispute under Section 7 of the Insolvency and Bankruptcy Code, 2016.