Authority: National Company Law Tribunal, Division Bench, Court - 1, Ahmedabad
Order Date: 09/10/2026
Case Overview
The National Company Law Tribunal (NCLT) Ahmedabad heard an Interlocutory Application (IA/1672(AHM)2026) filed by Krishna Pal Singh and 18 other applicants on 02/10/2026. The application was filed under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 read with Rule 11 of the National Company Law Tribunal Rules, 2016. The applicants seek impleadment as party respondents in IA No. 1521(AHM)2026 in CP (IB) No. 247(AHM)2025, which is titled "Mr. Manish Mahendrabhai Patel vs. Punit Handa & Ors." and relates to proceedings under Section 7 of the IB Code, 2016 involving Keya Buildtech LLP.
The applicants specifically prayed for: (a) admission of their application; (b) orders for their impleadment as party respondents in IA No. 1521(AHM)2026; (c) grant of 2 weeks' time to file a comprehensive reply in the said application; and (d) deferral of hearing and adjudication of IA No. 1521(AHM)2026 pending the present application.
Final Outcome
The NCLT admitted the application and issued notice to the respondents returnable by the next date of hearing. The tribunal directed that the respondents shall file their replies within 3 days of receipt of notice, and any rejoinder shall be filed before the next date of hearing. The applicants were directed to serve the notice along with a copy of the order through all permissible modes including Registered Post/Speed Post, Dasti and email. The matter has been listed for further consideration on 14/10/2026.
Topics: Insolvency Proceedings, Impleadment Application, NCLT Order