NCLT Jaipur Bench hears IA No. 155/JPR/2024 filed by Rajputana Constructions in an ongoing insolvency proceeding.
Applicant counsel argues IA is maintainable under IBC Section 60(5) and NCLT Rule 11 for CIRP-related issues.
Counsel cites Supreme Court Alok Kaushik judgment to support Adjudicating Authority's power over intrinsic CIRP matters.
Matter part-heard, posted for further submissions on May 26, 2026, concerning alleged CIRP period non-compliances.