ACE Worldwide Tours NCLT Cost Payment Hearing

• NCLT Ahmedabad hears an application in the ACE Worldwide Tours Ltd insolvency proceeding regarding unpaid costs.
• The suspended management failed to pay a Rs. 10,000 cost imposed on 13.05.2025 and respondents R-1 to R-9 failed to pay Rs. 1,000 each.
• The Tribunal directed both parties to file brief written submissions within seven days and listed the matter for 15.05.2026 for proof of cost payment.