Authority: National Company Law Tribunal, Jaipur Bench
Order Date: June 15, 2026
Case Overview
The National Company Law Tribunal (NCLT) Jaipur Bench, comprising Judicial Member Ms. Reeta Kohli and Technical Member Ms. Kavita Bhatnagar, heard an insolvency petition CP No. (IB)-39/9/JPR/2026 filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petition was filed by operational creditor M/s Sai Kripa Indenting against corporate debtor M/s Sneh Olefins Pvt. Ltd. The matter was heard through web-based video conferencing platform with Advocate Sanket Jain representing the petitioner.
Final Outcome
The tribunal issued procedural directions ordering the registry and the petitioner/applicant to serve notice to the respondents. They are required to submit a service report along with copy sent to respondents, postal receipt, and track/acknowledgment before the next date of hearing. Upon service, the respondents are directed to file their reply before the next hearing date by serving an advance copy to the opposite counsel. The matter has been posted for next hearing on July 6, 2026.
Topics: Insolvency Proceeding, NCLT Order, Corporate Debtor