Case Details

Case Name: Manju Sharma & Ors. vs Pitambar Solvex Pvt. Ltd.

Court/Authority: National Company Law Tribunal (NCLT), Jaipur Bench

Case Number: CP No. (IB)-55/7/JPR/2023

Interlocutory Application Number: IA No. 362/JPR/2025

Date of Order: May 21, 2026

Governing Law: Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016

Parties Involved

Petitioner/Financial Creditor: Manju Sharma & Ors.

Respondent/Corporate Debtor: Pitambar Solvex Pvt. Ltd.

Representation for Applicant: Vivek Sibal (Senior Advocate), Nitesh Goyal (Advocate), Amol Vyas (Advocate)

Current Proceedings

This order pertains to an interlocutory application (IA No. 362/JPR/2025) within the main insolvency petition. The Senior Advocate representing the applicant mentioned that an application has been moved before the Hon'ble President of the NCLT under Section 419(5) of the Companies Act, 2013. This application seeks clarification regarding points of difference in the orders issued by the Hon'ble Members on December 8, 2025. An advance copy of this application has been served upon the opposite party.

Final Ruling & Enforcement

The counsels representing both parties jointly requested an adjournment to await the outcome of the clarification application filed with the NCLT President. The tribunal accepted this request. The matter has been adjourned and is now listed for the next hearing on July 1, 2026, at 2:30 PM. The purpose of the next listing is for concluding arguments.