Authority: National Company Law Tribunal, Division Bench, Court - 1, Ahmedabad
Order Date: 15/07/2026
Case Overview
This is an interim order in IA/957(AHM)2026 within the main insolvency petition C.P.(IB)/483(AHM)2025. The proceedings are under Section 7 of the Insolvency and Bankruptcy Code, 2016. The application is filed by Catalyst Trusteeship Limited against the corporate debtor, Blu-Smart Charge Pyt. Ltd. A second respondent (R-2) is also involved in the case, though not named in this excerpt.
The tribunal noted that the first respondent (Blu-Smart) had uploaded a reply to the DMS portal on July 14, 2026, in compliance with an extended deadline granted on July 7, 2026. The physical copy of this reply had not yet been received by the registry. The counsel for the applicant (Catalyst Trusteeship) had been served a copy, but the counsel for the second respondent (R-2) had not.
Final Outcome
The tribunal adjourned the matter for further consideration to July 27, 2026. It directed that a copy of Blu-Smart's reply be served upon the second respondent and its counsel by the end of the day, upon furnishing of an email ID. The applicant was granted permission to file a rejoinder to the reply, if desired, within three days. The tribunal specifically directed that the first respondent (Blu-Smart) must remain virtually present at the next hearing on July 27, 2026.
Topics: Insolvency Proceeding, NCLT Hearing, Corporate Debtor