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[2026:RJ-JD:16643]

HIGH COURT OF JUDICATURE FOR RAJASTHAN AT JODHPUR

S.B. Civil Misc. Appeal No. 1225/2026

Mana Ram And Company, Through Its Sole Proprietor, Shri Sushil Kumar Agarwal, Age 56 Years, Having An Address At Durga

Colony, Dist. Hanumangarh, Rajasthan ----Appellant

Versus

1. Axis Bank Limited, Having Address At Babashyam Singh Complex, Sri Ganganagar Road, Hanumangarh Junction,

Dist. Hanumangarh, Raj

2. Icici Bank Limited, Having Address At Near Bus Stand, Hanumangarh Junction, Dist. Hanumangarh, Raj

3. Cholamandalam Investment And Finance Co Ltd, Having Address At 1St Floor, Shop No.32 And 33, Near Janta

Truck Union, Hanumangarh Town, Raj..

4. Aditya Birla Capital Ltd, Having Address At 1St Floor, Vidhya Tower, No. 71, Gaushala Rd, Above Hdfc Bank, C

Block, Sri Ganganagar, Raj..

5. Bajaj Finance Limited, Having Address At 1St Floor, Baba Shyam Sing Complex, Sri Ganganagar Road, Near Narang

Hotel, Hanumangarh, Raj..

6. M/s Jai Bhagwati Agro Oils, Having Address At 222-A, Second Floor, Alfa Tower, Brown Road, Ludhiana, Punjab

7. M/s Karam Chand Hari Chand, Having Address At Mani Road, Jalandhar, Punjab

8. M/s Lakhsmi Chand Sahil Kumar, Having Address At Shop No.36A, Dhan Mandi, Anupgarh Raj..

9. M/s Nav Durga Oil Industries, Having Address At Shop No.105, Kailash Cinema Road, Mehak Tower, Civil Lines,

Ludhiana, Punjab

10. M/s Neelam Trading Company, Having Address At Behind Garg Cotton Factory, Industrial Area, Sirsa, Haryana

11. M/s Rajvee Agro Commodities, Having Address At 616, Sixth Floor, Gala Empire, Opp. T.v. Tower, Drive In Road,

Thaltej, Ahmedabad, Gujarat

12. Ashish Garg S/o Shri Omprakash, R/o House Name Ravi S/o Subhash Wadwani, 2Nd Floor, Ward 34, New Nagar

Parishad Ke Pass, Hanumangarh Town, Rajasthan

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13. M/s Bansi Dhar Manoj Kumar, Having Address At 9-Ganta Ghar, Mukerji Market, Murlidhar Kapde Wale, Abohar,

Punjab

14. Devendra Kumar Agarwal S/o Brijlal Agarwal, R/o Jag Damba Steel Bus Stand Ke Samne, Suratgarh Road,

Pilibanga, Dist. Hanumangarh, Raj..

15. M/s Makha Industries, Having Address At Dd Ford Road, Ram Dittye Wala Chowk, Mansa, Punjab

16. M/s Pankaj Impax, Having Address At Flat No. E/33, Ward No. 24, Deepak Nagar, Ayodhya Apartment, Jila Durg, Chhattisgarh. Through Its Proprietor Shri Pankaj Devra S/

o Shri Sant Kumar Devra.

17. Pawan Kumar Mangla S/o Shri Om Prakash Mangal, Having Address At J-13/20, Ground Floor, Rajouri Garden,

New Delhi

18. Priyanka D/o Shri Palaram Goyal, Mahesh Flour Mill, Sector 12, Opposite Deep Singh Gurudwara,

Hanumangarh Junction, Rajasthan

19. M/s R Bansal Electronics, Having Address At Mahaveer Hospital Ke Saath, Bansal Electric, Junction Road,

Hanumangarh Town, Rajasthan

20. Santosh Mangla W/o Shri Pawan Kumar Mangla, R/o J13/20, Ground Floor, Rajouri Garden, New Delhi

21. Ashwini Oil Carrier, Having Address At Dharam Nagri, Street No.5, Abohar, Punjab

22. Sharma Tanker Transport, Having Address At Adarsh Nagar, Greenland Convent Public School, Vardhaman

Sabzi Mandi Road, Ludhiana, Punjab

23. M/s Sharma Oil Carrier, Having Address At Adarsh Nagar, Greenland Convent Public School, Vardhaman Sabzi Mandi

Road, Ludhiana, Punjab.

----Respondents

For Appellant(s) : Mr. Pulkit Arora with Mr. Hardik Gautam

For Respondent(s) :

HON'BLE MR. JUSTICE MUKESH RAJPUROHIT

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Order

25/03/2026

1. The present civil miscellaneous appeal under Section 75(2) of the Provincial Insolvency Act, 1920 (for short ‘Act of 1920’ hereinafter) has been preferred by the appellant against the order dated 10.03.2026 passed by the District Judge, Hanumangarh in Insolvency Petition No. 27/2026 (Manaram & Company vs. Axis Bank Limited & Ors.), whereby the petition filed by the appellant under Section 7 of the Act of 1920 has been dismissed as not

maintainable under Sections 10(