Authority: National Company Law Tribunal, Division Bench, Court - 1, Ahmedabad
Order Date: 18/06/2026
Case Overview
This proceeding involves a petition filed under Sections 241 and 242 of the Companies Act, 2013, by Jay Vadan Patel through POA Holder Kamlesh Kumar against Adison Granito Pvt. Ltd & Ors. Two Interlocutory Applications (IAs) were filed in this matter: IA/65(AHM)2026 by the Statutory Auditor and IA/70(AHM)2026 by the Forensic Auditor, both appointed by the Tribunal. During the pendency of this petition, the Corporate Debtor, Adison Granito Pvt. Ltd, was admitted into Corporate Insolvency Resolution Process (CIRP) vide order dated 11.06.2026 in RCP(IB)/3 of 2025 (Old Case No. C.P.(IB) No. 165 of 2025).
The counsel for the Interim Resolution Professional (IRP) of the Corporate Debtor assured the Tribunal that the assignments given to the Statutory Auditor and Forensic Auditor would be incorporated into the CIRP process. Progress reports filed by both auditors in their respective IAs had already been shared with the petitioner and respondents.
Final Outcome
The Tribunal disposed of both IA/65(AHM)2026 and IA/70(AHM)2026. A copy of the progress reports from the Statutory and Forensic Auditors was directed to be served/shared with the counsel for the Interim Resolution Professional/Corporate Debtor. The main company petition, CP/31(AHM)2024, was adjourned and re-listed for further consideration on 23 July 2026.
Topics: NCLT Proceedings, Corporate Insolvency