Authority: National Company Law Tribunal, Division Bench, Court - 1, Ahmedabad
Order Date: 17/06/2026
Case Overview
This proceeding, registered as IA/1016(AHM)2025 in CP(IB)/231(AHM)2021, is an Interlocutory Application filed in the matter of Nana Layja Power Company Ltd. The application was filed by an Auction Purchaser. The tribunal, comprising Mr. Shammi Khan (Member Judicial) and Mr. Sanjeev Sharma (Member Technical), heard submissions from the counsel for the Applicant/Auction Purchaser and the counsel for the Respondent/Liquidator. Prior to this hearing, an affidavit of compliance concerning concise relief and concession was filed on 17/06/2026 (Inward No. D 4905) in accordance with a previous order dated 05.05.2026, which was taken on record by the tribunal.
Final Outcome
The bench has reserved its order. A final ruling on the application is pending.
Topics: Insolvency Proceeding, NCLT Order