NCLT Adjourns Bank of Baroda vs Sintex Prefab Insolvency

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

Order Date: 22 June 2026

Case Overview

The matter involves insolvency proceedings under Section 7 of the Insolvency and Bankruptcy Code, 2016, with Bank of Baroda as the applicant financial creditor and Sintex Prefab & Infra Ltd as the respondent corporate debtor. The case is registered as CP(IB) 321 of 2020. Two interlocutory applications (IA/73(AHM)2022 and IA/92(AHM)2022) were being heard before the Division Bench comprising Hon'ble Member (Judicial) Mr. Shammi Khan and Hon'ble Member (Technical) Mr. Sanjeev Sharma.

During the hearing, the proxy counsel for the respondent (Mr. Jay Parihar, representing Mr. Arjun Sheth, Advocate) submitted that the main arguing counsel had filed a sick note seeking an adjournment of the matter.

Final Outcome

The Bench allowed the adjournment request based on the sick note submitted by the respondent's main counsel. The matter has been rescheduled for the next hearing on 17 August 2026.

Topics: Insolvency Proceedings, NCLT Adjournment, Corporate Debtor