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

Order Date: June 30, 2026

Case Overview

The National Company Law Tribunal (NCLT), Jaipur Bench, comprising Judicial Member Ms. Reeta Kohli and Technical Member Ms. Kavita Bhatnagar, heard multiple Interlocutory Applications (IAs) arising from the main Corporate Insolvency Resolution Process (CP No. (IB)-156/9/JPR/2019). The process was initiated under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC, 2016) by Operational Creditor Toyota Kirloskar Motors Private Limited against Corporate Debtor R.S. Motors Private Limited. The proceedings are at a stage where a Liquidator, J. P. Rawat, has been appointed. The various IAs concerned procedural matters, including the impleadment of parties and the status of properties.

Final Outcome

The Tribunal issued directions on each application:

  • IA No. 217/JPR/2026 in IA 404/2020 & IA No. 218/JPR/2026 in IA 291/2020: Both applications sought the impleadment of the suspended directors of R.S. Motors as separate respondents. The counsel for the respondent argued that the directors, though already impleaded, were incorrectly listed under a single head. The Tribunal allowed the prayer, directing that the memo of parties be amended to list the suspended directors as Respondent No. 1(a), (b), (c), and (d). The amended memo is to be filed within one week. Both IAs were disposed of.
  • IA No. 291/JPR/2020: The advocates for Pooja Deora and Rahul Deora stated they did not wish to file a reply. The application was deemed ripe for final arguments and was adjourned to July 29, 2026, for a hearing at 12:30 PM. The Tribunal clarified that no further adjournments would be granted.
  • IA No. 404/JPR/2020: Noted that Respondents No. 2 to 4 had not filed a reply. This application was also adjourned to July 29, 2026, for a hearing at 12:30 PM.
  • IA No. 239/JPR/2023: The counsel for respondent Deepa Tanwar requested an adjournment to file an affidavit detailing the status of all properties, noting that some properties had been sold under the SARFAESI Act in the interim. The Tribunal granted two weeks to file this affidavit, with an advance copy to the Liquidator. The matter was adjourned to July 29, 2026, for final arguments at 12:30 PM, with a clear warning against further adjournments.
  • IA No. 231/JPR/2022, IA No. 636/JPR/2023 & IA No. 301/JPR/2024: These three applications were simply adjourned to be taken up on August 3, 2026.

The main insolvency proceeding remains pending before the tribunal.

Topics: Insolvency Proceeding, NCLT Hearing, Corporate Debtor