The National Company Law Tribunal (NCLT) in New Delhi issued a notice to the troubled coaching institute FIITJEE today, Friday, May 16, in response to a corporate bankruptcy petition submitted by its former employee Vinod Kumar Agarwal, who claimed unpaid dues totalling over Rs 2.6 crore.
A bench of NCLT members, including Judicial Member Mahendra Khandelwal and Technical Member Subrata Kumar Dash, heard the case and directed FIITJEE to file a response. The matter has been scheduled for a subsequent hearing on July 10, 2025.
Agarwal, a senior executive at FIITJEE, has filed an operational creditor petition with the tribunal under Section 9 of the Insolvency and Bankruptcy Code of 2016.
He alleges that, despite repeated requests, the…
