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 Reeta Kohli and Technical Member Kavita Bhatnagar, heard Interlocutory Application No. 341/JPR/2026 in the main Company Petition No. (IB)-88/7/JPR/2022. The application was filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 by Union Bank of India as the Financial Creditor against M/s Swastik Copper Pvt. Ltd. as the Corporate Debtor. Representatives for various parties were present, including advocates for the Resolution Professional, the Applicant, and RIICO.
Final Outcome
The Bench ordered that the matter be adjourned and taken up with the IA already listed for hearing on July 21, 2026. No substantive decisions on the insolvency petition were made in this order, which served purely as a procedural adjournment.
Topics: Insolvency Proceeding, Banking Sector, Legal Adjournment