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JSM Devcons India Pvt Ltd
6 articles
Ongoing legal proceedings continue to define the status of JSM Devcons India Pvt Ltd, as evidenced by a series of adjournments and order reservations by the NCLT Indore Bench. The insolvency process, initiated under the Insolvency and Bankruptcy Code, faces continued procedural delays with hearings repeatedly postponed to August 3, 2026, and respondents granted extensions to file replies. Union Bank of India's application, alongside other interlocutory applications, remains under consideration, highlighting the complex legal challenges within the resolution process. Investors should anticipate further timeline extensions and legal maneuvering as the insolvency proceedings progress.
NCLT Indore Closes Respondent Reply Rights
NCLT Indore Bench closes right to file replies for some respondents in JSM Devcons insolvency proceeding.
Tribunal proceeds ex-parte against remaining respondents who failed to file replies despite op
NCLT Adjourns JSM Devcons Directions Application
NCLT Indore Bench adjourned a directions application in the JSM Devcons India Pvt Ltd insolvency matter.
The adjournment was granted as similar matters are under appeal at the NCLAT.
The case involves
NCLT Adjourns JSM Devcons Insolvency Application Hearing
NCLT Indore Bench adjourns hearing for IA/187(MP)2026 in JSM Devcons India Pvt Ltd insolvency to August 3, 2026.
Resolution Professional Chhaya Gupta directed to file reply within 10 days to applicant
NCLT Indore Reserves Order on Union Bank Application
NCLT Indore Bench reserves its order on an interlocutory application filed by Union Bank of India.
The application is part of insolvency proceedings against corporate debtor JSM Devcons India Pvt Ltd.
NCLT Indore Adjourns JSM Devcons Insolvency Application
NCLT Indore Bench adjourns hearing on an interlocutory application in JSM Devcons India Pvt Ltd's insolvency proceeding.
Respondents R-2 and R-20 granted 10 days to file their reply to the application
NCLT Indore Reserves Order in JSM Devcons Insolvency
NCLT Indore Bench reserves its order on an interlocutory application in the JSM Devcons India insolvency case.
The application was filed by Union Bank of India against the Resolution Professional unde