Authority: National Company Law Tribunal, Ahmedabad Bench (Court-2)
Order Date: 15 July 2026
Case Overview
The National Company Law Tribunal (NCLT) Ahmedabad Bench heard an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code (IBC). The applicant, Belgium Glass And Ceramics Pvt Ltd, had initiated proceedings against the respondent, Digicera Tiles LLP, claiming a default amount of ₹1,17,32,824. The case was registered as CP(IB)/44(AHM)2023. During the proceedings, the learned counsel for the applicant, Mr. Ravi Pahwa, sought permission to withdraw the petition. A formal withdrawal purshish (application) was also filed with the tribunal. Notably, there was no representation from the respondent party during these proceedings. The bench consisted of Mrs. Chitra Hankare (Member Judicial) and Dr. Velamur G Venkata Chalapathy (Member Technical).
Final Outcome
The NCLT Ahmedabad Bench granted permission for the withdrawal of the insolvency petition. Accordingly, CP(IB)/44(AHM)2023 was disposed of as withdrawn. The case was closed without any admission of liability, determination of default, or order on the merits of the claim.
Topics: Insolvency Proceedings, NCLT Withdrawal