Authority: National Company Law Tribunal (NCLT), Jaipur Bench
Order Date: July 07, 2026
Case Overview
This is an interim application (IA No. 581/JPR/2025) arising from the main insolvency petition (CP No. (IB)- 99/7/JPR/2020) filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC). The Financial Creditors/Applicants are Chetan Kumar Vijayvargiya & Anr. The Corporate Debtor/Respondent is Aadarsh Inframax Developers Pvt. Ltd. The matter was heard by Hon'ble Ms. Reeta Kohli, Judicial Member. Counsel for the Interim Resolution Professional (IRP) and representatives for the respondents were present.
Final Outcome
The counsel for Respondents No. 1, 2, and 3 requested time to file their reply to the application. The NCLT granted this request, directing that the reply be filed within 10 days from the order date (by July 17, 2026), with an advance copy to be provided to the applicant's counsel. The matter has been adjourned and is next listed for arguments on July 27, 2026. No final decision on the admission of the insolvency petition was made in this order.
Topics: Insolvency Proceeding, NCLT, Real Estate