Authority: National Company Law Tribunal, Jaipur Bench
Order Date: July 13, 2026
Case Overview
The National Company Law Tribunal (NCLT) Jaipur Bench, comprising Judicial Member Ms. Reeta Kohli and Technical Member Ms. Kavita Bhatnagar, heard CP No. (IB)-69/9/JPR/2025, an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petition was filed by Amit Enterprise as the operational creditor against Urvashi Material Trading Co. Pvt. Ltd. as the corporate debtor. The matter was heard through web-based video conferencing. Counsel for the petitioner, Nishant Sarraf and Rishika Pareek, were present, while no representation appeared for the respondent.
Final Outcome
The Tribunal issued a procedural directive, ordering the petitioner's counsel to place on record the list of present and past directors of both the corporate debtor (Urvashi Material Trading Co. Pvt. Ltd.) and the operational creditor (Amit Enterprise) within one week from the order date (July 13, 2026). The matter was adjourned and posted for the next hearing on July 27, 2026. No substantive hearing on the merits of the insolvency petition occurred during this session.
Topics: Insolvency Proceeding, NCLT Order, Corporate Debtor