Authority: National Company Law Tribunal, Division Bench, Court - 1, Ahmedabad
Order Date: 15/06/2026
Case Overview
The proceedings involved an application under Section 7 of the Insolvency and Bankruptcy Code (IBC) filed by IDBI Bank Ltd against Doshion Pvt Ltd, registered as CP(IB) 59 of 2019. The specific interlocutory application IA/523(AHM)2026 was filed by the applicant (IDBI Bank) seeking withdrawal of the main application. The matter was heard by a bench comprising Member (Judicial) Shammi Khan and Member (Technical) Sanjeev Sharma. The applicant was represented by Advocate Kunal Vaishnav, while the respondent was represented by Proxy Advocate Somya Jain for Advocate Arjun Sheth.
Final Outcome
The NCLT bench allowed the withdrawal pursis filed by IDBI Bank Ltd through e-mode. Consequently, IA/523(AHM)2026 was dismissed as withdrawn. The order was signed by both members of the bench, concluding the specific application while the main case CP(IB) 59 of 2019 remains on record with this application withdrawn.
Topics: Insolvency Proceedings, Banking Litigation, NCLT Order