Authority: National Company Law Tribunal, Jaipur Bench
Order Date: June 16, 2026
Case Overview
The National Company Law Tribunal (NCLT), Jaipur Bench, heard an interlocutory application (IA No. 273/JPR/2026) in the main company petition (CP No. (IB)-08/95/JPR/2025). The application was filed under Section 95 of the Insolvency and Bankruptcy Code, 2016. The petitioner/creditor is Tata Capital Ltd., and the respondent is Amitabh Jain, who is identified as the personal guarantor to the corporate debtor, Nidhi Kamal Automobiles Pvt. Ltd. The bench comprised Hon'ble Ms. Reeta Kohli (Judicial Member) and Hon'ble Ms. Kavita Bhatnagar (Technical Member). The counsel for the resolution professional (RP) was present during the proceedings conducted via web-based video conferencing.
Final Outcome
The tribunal adjourned the matter. On the request of the counsel for the resolution professional, the hearing was postponed and listed for the next date of hearing on June 19, 2026. No substantive order on the merits of the insolvency application was passed in this session.
Topics: Insolvency Proceeding, Personal Guarantor, Adjournment