Authority: National Company Law Tribunal (NCLT), Jaipur Bench

Order Date: July 07, 2026

Case Overview

This is an order from a proceeding held via web-based video conferencing. The case is CP No. (IB)-57/9/JPR/2025, filed under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. The Operational Creditor is Asian Pharma, represented by its proprietor, Bhupinder Choudhary. The Corporate Debtor is Keylink Global Exim Pvt. Ltd. The matter was previously before the tribunal on May 26, 2026. In the current hearing, both parties were present in person. Ajay Chaudhary and Purshottam appeared as parties in person for the respondent, and Naresh Kumar Sejvani, Adv., was also present.

After a brief interaction with the parties, the tribunal was informed that they were unable to resolve the matter at this stage.

Final Outcome

The Hon'ble Judicial Member, Ms. Reeta Kohli, directed the counsels for both parties to tender written submissions within a period of one week from July 7, 2026. The case has been adjourned and posted for the next hearing on July 15, 2026. The insolvency petition remains pending and unresolved.

Topics: Insolvency Petition, NCLT Proceeding, Operational Debt