Matrushri Fibers Contempt Proceeding Adjourned to July 21

Authority: National Company Law Tribunal, Division Bench, Court - 1, Ahmedabad

Order Date: July 13, 2026

Case Overview

This is a contempt proceeding (Cont.P/3(AHM)2026) arising from the main insolvency case C.P.(IB)/251(AHM)2022, which was filed under Section 9 of the Insolvency and Bankruptcy Code (IBC). The matter involves Gopal Trading Co. as the applicant and Matrushri Fibers Pvt Ltd as the respondent. The proceeding is specifically against Mr. Gopalbhai Jayantibhai Selani, who is named as the contemnor. The bench noted that in compliance with the last order dated June 19, 2026, no rejoinder had been filed. The applicant's counsel, Mr. Arjun Sheth, stated that a rejoinder was ready and would be filed later that same day. The respondent/contemnor, Mr. Gopalbhai Jayantibhai Selani, was physically present in person as required by the extended order.

Final Outcome

The NCLT adjourned the matter and re-listed it for further consideration on July 21, 2026. No other directions or decisions were issued in this order.

Topics: Insolvency, Contempt Proceedings, NCLT