Authority: National Company Law Tribunal, Jaipur Bench
Order Date: June 17, 2026
Case Overview
The National Company Law Tribunal (NCLT) Jaipur Bench heard IA No. 217/JPR/2025 in the matter of CP No. (IB)-16/7/JPR/2021. The application was filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 by financial creditor Bhala Finance Pvt. Ltd. against corporate debtor Tushar Realhome LLP. The matter was heard through web-based video conferencing platform before a bench comprising Hon'ble Ms. Reeta Kohli (Judicial Member) and Hon'ble Ms. Kavita Bhatnagar (Technical Member). Legal counsel Anubha Singh appeared for the applicant and Sameer Sharma appeared for homebuyers. The Resolution Professional's counsel requested an adjournment of the proceedings.
Final Outcome
The NCLT bench granted the adjournment request and rescheduled the hearing for June 29, 2026. The order was signed by both members on June 17, 2026.
Topics: Insolvency Proceedings, Real Estate