Shri Karvir Nivasini Mahalaxmi Ispat Private Limited (Corporate Debtor/Applicant) filed an Interlocutory Application (IA) under Rule 11 of NCLT Rules, 2016, seeking to recall an order dated 24.06.2026, relist the main Company Petition (CP(IB) 43/MB/2026) for further consideration, or defer the pronouncement of the final order. The main Company Petition was filed by Bank of India (Financial Creditor/Respondent) under Section 7 of the IBC, 2016, for the initiation of Corporate Insolvency Resolution Process (CIRP) against the Applicant. The main petition had been finally heard and reserved for orders on 24.06.2026. The Applicant cited ongoing One Time Settlement (OTS) negotiations and parallel proceedings before the Debt Recovery Tribunal (DRT) as grounds for their
…The Interlocutory Application (IA.(IB)/2912(MB)/2026) was filed by Shri Karvir Nivasini Mahalaxmi Ispat Private Limited (Corporate Debtor/Applicant).
The IA seeks to recall an order dated 24th June, 2026, relist C.P.(IB) NO. 43/MB/2026 for further consideration, or defer the pronouncement of the final order.
The underlying Company Petition (C.P.(IB) NO. 43/MB/2026) was filed by Bank of India (Respondent/Financial Creditor) under Section 7 of the IBC, 2016, for initiation of CIRP against the Applicant.
The main Company Petition was finally heard by the Tribunal on 24.06.2026 and reserved for orders.
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The Applicant (Corporate Debtor) proposed an…
The Company Petition (C.P.(IB) 43/MB/2026) was…
Sign in to view related legal provisions.
Shri Karvir Nivasini Mahalaxmi Ispat Private Limited (Corporate Debtor/Applicant) filed an Interlocutory Application (IA) under Rule 11 of NCLT Rules, 2016, seeking to recall an order dated 24.06.2026, relist the main Company Petition (CP(IB) 43/MB/2026) for further consideration, or defer the pronouncement of the final order. The main Company Petition was filed by Bank of India (Financial Creditor/Respondent) under Section 7 of the IBC, 2016, for the initiation of Corporate Insolvency Resolution Process (CIRP) against the Applicant. The main petition had been finally heard and reserved for orders on 24.06.2026. The Applicant cited ongoing One Time Settlement (OTS) negotiations and parallel proceedings before the Debt Recovery Tribunal (DRT) as grounds for their
…The Interlocutory Application (IA.(IB)/2912(MB)/2026) was filed by Shri Karvir Nivasini Mahalaxmi Ispat Private Limited (Corporate Debtor/Applicant).
The IA seeks to recall an order dated 24th June, 2026, relist C.P.(IB) NO. 43/MB/2026 for further consideration, or defer the pronouncement of the final order.
The underlying Company Petition (C.P.(IB) NO. 43/MB/2026) was filed by Bank of India (Respondent/Financial Creditor) under Section 7 of the IBC, 2016, for initiation of CIRP against the Applicant.
The main Company Petition was finally heard by the Tribunal on 24.06.2026 and reserved for orders.
…The Applicant (Corporate Debtor) proposed an…
The Company Petition (C.P.(IB) 43/MB/2026) was…
Sign in to view related legal provisions.