Authority: National Company Law Tribunal Allahabad Bench Prayagraj, Division Bench
Order Date: 1st July, 2026
Case Overview
The National Company Law Tribunal (NCLT) Allahabad Bench heard multiple interlocutory applications (IA No.573/2023, IA No.189/2024, IA No.730/2025 & IA No.06/2026) in the main corporate insolvency process CP (IB) No.23/ALD/2017 concerning Raman Ispat Pvt Ltd. The company is under liquidation pursuant to Section 10 of the Insolvency and Bankruptcy Code (IBC). The hearing was presided over by a bench consisting of Sh. Praveen Gupta (Hon'ble Member Judicial) and Sh. Ashish Verma (Hon'ble Member Technical). Sh. Anil Kumar, PCS, appeared as counsel for the applicant in IA No.730/2025 and IA No.06/2026.
Final Outcome
The Tribunal granted an adjournment at the request of the applicant's counsel. The matter has been rescheduled for further hearing on 13th July, 2026, and will be placed higher on the board.
Topics: Insolvency Proceedings, NCLT Hearing