Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 09 June 2026
Case Overview
The proceedings involve a voluntary insolvency application filed by Sagar Autotech (Mysore) Pvt Ltd under Section 10 of the Insolvency and Bankruptcy Code, 2016 (IBC). The case is registered as CP(IB)/62(MP)2025. The matter was heard by a bench comprising Hon'ble Shri Brajendra Mani Tripathi (Member Judicial) and Hon'ble Shri Man Mohan Gupta (Member Technical).
During the hearing, the State Bank of India (SBI), represented by Advocate Mr. Rohit Dubey (appearing online), sought an adjournment. No specific reasons for the adjournment request were detailed in the order.
Final Outcome
The tribunal allowed the request for an adjournment. The matter has been rescheduled and listed for the next hearing on 17 June 2026.
Topics: Insolvency, Corporate Debtor, NCLT