Authority: National Company Law Tribunal (NCLT), Division Bench, Court - 1, Ahmedabad
Order Date: 29/06/2026
Case Overview
The proceeding, registered as CP(IB)/207(AHM)2026, is an application filed by Indian Bank (Applicant/Financial Creditor) against Mr. Afzalbhai A Kaladia Alias Afzalbhai A Ghanchi (Respondent) under Section 121 of the Insolvency and Bankruptcy Code (IBC). The matter was listed for hearing on June 29, 2026. The applicant's counsel, Mr. Ritesh D Patadia, was not available, and a leave note was circulated on his behalf. Ms. Riddhi Vadgama appeared as a proxy counsel for the applicant and requested an adjournment.
Final Outcome
The bench, comprising Member (Judicial) Mr. Shammi Khan and Member (Technical) Mr. Sanjeev Sharma, granted the adjournment. The case has been re-listed for further consideration on July 27, 2026. No substantive orders were passed on the merits of the insolvency application.
Topics: Insolvency Proceeding, NCLT, Adjournment