Authority: National Company Law Tribunal Chandigarh Bench (Court – II)
Order Date: 29.06.2026
Case Overview
This order pertains to an interlocutory application in the matter of CP (IB) No. 281/Chd/Pb/2019 between Ricela Health Food Ltd. (Applicant) and Evershine Solvex Pvt. Limited (Respondent). The application was filed under Sections 9, 54(1), 43(1) read with 44(1), and 66(1) of the Insolvency and Bankruptcy Code, 2016. The matter was listed for hearing before the bench comprising Shri Shishir Agarwal (Member Technical) and Shri K. Biswal (Member Judicial).
Final Outcome
The hearing was adjourned to 01.07.2026 due to the sudden demise of Hon'ble Mr. Justice Mahabir Singh Sindhu of the Punjab and Haryana High Court, Chandigarh. The Members of the Bar Association of NCLT, Chandigarh Bench, through a letter dated 29.06.2026, resolved to suspend work for the day to pay respect to the departed soul. The order was signed by both members of the bench.
Topics: Insolvency Proceeding, Court Adjournment