Authority: National Company Law Tribunal, Division Bench, Court - 1, Ahmedabad
Order Date: 09/06/2026
Case Overview
The Committee of Creditors of Harshil Agrotech Limited, represented by its sole member Cultivatrade Enterprise Pvt. Ltd through its director, filed an application (IA/889(AHM)2026) under Sections 27 and 60(5) of the Insolvency and Bankruptcy Code, 2016 read with Rule 11 of the NCLT Rules, 2016. The application seeks replacement of the current Resolution Professional, Mr. Neeraj Kumar Bajaj, and appointment of Mr. Malay Ajmera (IBBI registration no. IBBI/IPA-001-P-P01190/2018-2019/11908) as the new Resolution Professional in the Corporate Insolvency Resolution Process (CIRP) of Harshil Agrotech Limited (CP(IB)/97(AHM)2026). The applicant holds 100% voting share in the Committee of Creditors and has submitted written consent in Form AA from Mr. Malav Ajmera for the appointment.
Final Outcome
The NCLT bench comprising Member (Judicial) Mr. Shammi Khan and Member (Technical) Mr. Sanjeev Sharma issued notice to the current Resolution Professional (Mr. Neeraj Kumar Bajaj). The respondent's counsel appeared and waived notice. The tribunal directed the respondent to file a reply within 3 days, with any rejoinder to be filed before the next hearing date. The matter has been listed for further proceedings on 15.06.2026.
Topics: Insolvency Proceedings, Resolution Professional Replacement, NCLT Order