Authority: National Company Law Tribunal, Jaipur Bench
Order Date: June 17, 2026
Case Overview
The National Company Law Tribunal (NCLT), Jaipur Bench, comprising Judicial Member Ms. Reeta Kohli and Technical Member Ms. Kavita Bhatnagar, heard an interlocutory application (IA (IBC) Plan No. 6/JPR/2026) in the main petition CP No. (IB)-108/7/JPR/2024. The proceedings were initiated under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC). Asset Reconstruction Company (India) Ltd. is the financial creditor and applicant in the case, while Accil Corporation Pvt. Ltd. is the corporate debtor and respondent. The matter involves a corporate insolvency resolution process. Representatives for the resolution professional were present, including advocates Spandan Biswal, Nikhil Saini, Shivendra Pandey, and Savar Mahajan.
Final Outcome
The Tribunal, on the request of the counsel for the applicant, adjourned the hearing. The matter has been posted to June 29, 2026, for final arguments. No final decision on the insolvency petition was made in this order.
Topics: Insolvency Proceedings, NCLT Hearing