Authority: National Company Law Tribunal, Court-V, Mumbai Bench

Order Date: 09.06.2026

Case Overview

The National Company Law Tribunal (NCLT) Mumbai Bench, comprising Member (Judicial) Ashish Kalia and Member (Technical) Charanjeet Singh Gulati, heard two interlocutory applications (IA/827/2026 and IA/2102/2026) in the main insolvency petition C.P. (IB)/654(MB)2023. The petition was filed by State Bank of India as financial creditor against Ambika Brickwell LLP under Section 7 of the Insolvency and Bankruptcy Code, 2016. During the hearing, Advocate Dhrupad Vaghani, representing the applicant, requested an adjournment on the grounds that his senior counsel (also named Adv. Dhrupad Vaghani) had logged out from the virtual hearing.

Final Outcome

The bench granted the adjournment and listed both interlocutory applications for further consideration on 14.07.2026. The order was signed by both members and processed by Avdhesh-PS.

Topics: Insolvency Proceedings, Adjournment, NCLT