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

Order Date: 10 June 2026

Case Overview

This matter pertains to an Interim Application (IA/890(AHM)2026) filed within the main insolvency petition (C.P.(IB)/179(AHM)2025). The proceedings are under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016, initiated by Canara Bank (Applicant/Financial Creditor) against M/s Sitaram Prints Pvt. Ltd (Respondent/Corporate Debtor).

Final Outcome

The hearing was adjourned. When the matter was called, no one appeared on behalf of the Applicant/Resolution Professional. The matter was passed over and called again in a second round, but there was still no appearance despite repeated calls. The bench, comprising Member (Technical) Sanjeev Sharma and Member (Judicial) Shammi Khan, relisted the matter for the next hearing on 16 June 2026. The registry was directed to serve a copy of this order upon the Applicant/Resolution Professional.

Topics: Insolvency Proceeding, NCLT Hearing, Corporate Debtor