Ashtbhuj Ocean Movers vs Sarash Exports NCLT Adjournment

Case Details

Case Name: Ashtbhuj Ocean Movers Pvt Ltd vs Sarash Exports Services Pvt Ltd

Court/Authority: National Company Law Tribunal, New Delhi Court-IV

Case Number: IB/05/ND/2019 with multiple IA applications (IA/3607/ND/2024, IA/5175/ND/2020, IA/2558/ND/2023, IA/1985/ND/2023, COMT.P/09/ND/2021, IA/3632/ND/2021, IA/2051/ND/2022, IA/5453/ND/2022, IA/3129/ND/2025, IA/6327/ND/2025)

Date of Order: 21.05.2026

Nature of Case: Section 9 Insolvency Petition under Insolvency & Bankruptcy Code, 2016

Parties Involved

Petitioner/Applicant: Ashtbhuj Ocean Movers Pvt Ltd

Respondent: Sarash Exports Services Pvt Ltd

Legal Representatives: Advocate Ashutosh Goel appeared for Applicant in IA/2051/ND/2022; For RP: Adv. Samarendra Kumar, Adv. Vishnu Jaysaval and Adv. Juhi Rani

Tribunal Members: Shri Mahendra Khandelwal (Member Judicial), Shri Atul Chaturvedi (Member Technical)

Proceedings

Hearing Mode: Hybrid Hearing (Physical & VC)

Outcome: Case adjourned to 06.07.2026

Reason for Adjournment: Due to paucity of time

This order represents a procedural adjournment without substantive hearing or decision on the merits of the insolvency petition.