Authority: National Company Law Tribunal (NCLT), Division Bench, Court - 1, Ahmedabad

Order Date: 15/07/2026

Case Overview

The matter pertains to Interlocutory Application No. IA/1083(AHM)2026 filed in the main Company Petition (IB)/384(AHM)2025. The proceedings are under Section 95 of the Insolvency and Bankruptcy Code, 2016 (IBC). The applicant in the matter is Equentia Financial Service Pvt. Ltd., and the respondent is Kishan Prakashbhai Patel. The learned counsel for the Applicant/Resolution Professional (RP), Mr. Karan Gandhi, Advocate, was present and sought an adjournment during the hearing.

Final Outcome

The bench, comprising Member (Judicial) Shammi Khan and Member (Technical) Sanjeev Sharma, allowed the request for an adjournment. The counsel for the RP was granted a period of three (3) days to place on record the physical copy of the interlocutory application. The tribunal ordered the matter to be relisted for preliminary consideration on the next date of hearing, 28th July 2026.

Topics: Insolvency Proceeding, Adjournment