NCLT Jaipur Adjourns Bhala Finance Contempt Case

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

Order Date: July 07, 2026

Case Overview

This is an order from the NCLT Jaipur Bench in a contempt proceeding. The case is listed as Cont. A (IBC) No. 06/425/JPR/2022, which arises from CP No. (IB)-16/7/JPR/2021. The proceeding is under Section 425 of the Insolvency and Bankruptcy Code (IBC), 2016. The applicant in the matter is Bhala Finance Pvt. Ltd., and the respondent/contemnor is Rajiv Kumar Sanghi.

Final Outcome

The bench, comprising Hon'ble Ms. Reeta Kohli (Judicial Member), noted the absence of the Hon'ble Technical Member. Consequently, the case was adjourned to the next date of hearing, which is July 28, 2026. No other substantive orders or observations were passed.

Topics: NCLT, Adjournment, Contempt Proceedings