Authority: National Company Law Tribunal, 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 an interlocutory application (IA No. 306/JPR/2026) filed in the main petition CP No. (IB)-104/95/JPR/2025. The application was filed under Section 95 of the Insolvency and Bankruptcy Code, 2016. The applicant/creditor was India SME Asset Reconstruction Company Ltd., and the respondent was Ranveer Singh, who was described as the personal guarantor (PG) to the corporate debtor Girivar Hotel and Resort Pvt. Ltd. The nature of the application was a request for an early hearing of the main petition.
Final Outcome
The bench dismissed the application seeking an early hearing. The order stated that the next date of hearing for the main petition was already scheduled for July 17, 2026, and in view of this existing schedule, the tribunal was "not inclined to grant any indulgence." The application was dismissed and disposed of accordingly.
Topics: Insolvency Proceedings, NCLT Order, Personal Guarantor