Authority: National Company Law Tribunal, Jaipur Bench
Order Date: June 16, 2026
Case Overview
The National Company Law Tribunal (NCLT), Jaipur Bench, comprising Hon'ble Ms. Reeta Kohli (Judicial Member) and Hon'ble Ms. Kavita Bhatnagar (Technical Member), has reserved its order in a corporate insolvency case. The proceedings involve an application filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) by financial creditors Naman Goyal & Ors. against the corporate debtor, Ninaniya Estates Ltd. The case is registered as CP No. (IB)-88/7/JPR/2021. Several Interlocutory Applications (IA No. 239/JPR/2022, IA No. 174/JPR/2024, IA No. 582/JPR/2025, and IA No. 72/JPR/2026) were also heard alongside the main petition. Legal representation was present for both parties: Advocates Anubha Singh, Shubham Chaudhary, Sonal Anand, and Surbhi Singh appeared for the parties involved. Both sides have submitted their written arguments to the bench.
Final Outcome
The matter has been reserved for orders. The tribunal will pronounce its decision at a later date, which will determine whether to admit or reject the application for initiation of Corporate Insolvency Resolution Process against Ninaniya Estates Ltd.
Topics: Insolvency Proceeding, NCLT Order, Corporate Debtor