A Bench of NCLT comprising Mahendra Khandelwal (Judicial Member) and Subrata Kumar Dash (Technical Member) heard the matter and directed FIITJEE to file its response. The case has been posted for further hearing on July 10, 2025.
Agarwal, who held a senior position at FIITJEE, has approached the tribunal under Section 9 of the Insolvency and Bankruptcy Code, 2016, as an operational creditor.
According to him, the company failed to clear his dues from FY 2023-24 and 2024-25 despite repeated demands. He was thus constrained to file the plea. Though FIITJEE claimed Agarwal was a Key Managerial Personnel (KMP), he denied the same in the NCLT. The tribunal is now expected to analyse if there was a pre-existing dispute between FIITJEE and…
