Authority: National Company Law Tribunal, Ahmedabad Bench (Court 2)
Order Date: 09/06/2026
Case Overview
The National Company Law Tribunal (NCLT) Ahmedabad heard proceedings under Section 9 of the Insolvency and Bankruptcy Code (IBC) in case number CP(IB) 764 of 2019. The matter involves Do Well Moulds as the applicant versus Manpasand Beverages Ltd as the respondent. The bench comprised Mrs. Chitra Hankare (Member Judicial) and Dr. Velamur G Venkata Chalapathy (Member Technical).
During the hearing, counsel for the respondent (Manpasand Beverages) submitted an affidavit regarding the status of another matter before the NCLAT involving the corporate debtor. The tribunal noted there was no stay order preventing the hearing of this case. Counsel for the applicant (Do Well Moulds) indicated they had filed written submissions.
The tribunal observed that the applicant's counsel had not complied with the previous order to serve notice upon GST officials. This directive was issued due to allegations between both parties concerning certain fraudulent transactions that are under investigation by GST authorities. The tribunal specifically directed the applicant's counsel to comply with this requirement and serve notice upon GST officials.
Both parties were heard by the tribunal, which then directed them to file written submissions, including details of pending litigations, not exceeding two-three pages. The submissions must be filed before 10:30 AM on 10/06/2026.
Final Outcome
The tribunal reserved its order in the matter, meaning a final decision will be delivered at a later date after consideration of the written submissions and evidence presented.
Topics: Insolvency Proceedings, GST Investigation, Corporate Litigation