NCLT Adjourns Carryfast vs Mclay Ceramic Insolvency Petition

Authority: National Company Law Tribunal, Ahmedabad Bench (Court 2)

Order Date: 17 June 2026

Case Overview

The National Company Law Tribunal (NCLT), Ahmedabad Bench, heard proceedings under Section 9 of the Insolvency and Bankruptcy Code (IBC) in case number C.P.(IB)/148(AHM)2026. The petition was filed by Carryfast Supply Chain Solution LLP (Applicant) against Mclay Ceramic Private Limited (Respondent). During the hearing, a proxy counsel, Ms. Arya Chhangani, appeared for the applicant and informed the tribunal that the arguing counsel was busy before another court. The bench, comprising Mrs. Chitra Hankare (Member Judicial) and Dr. Velamur G Venkata Chalapathy (Member Technical), noted this submission and directed that the arguing counsel must appear on the next date of hearing.

Final Outcome

The tribunal adjourned the matter and listed it for further consideration on 15 July 2026. The order explicitly states that if the arguing counsel fails to appear on the next date, necessary orders will be passed, indicating potential consequences for non-appearance.

Topics: Insolvency Proceedings, NCLT Adjournment, Corporate Debt Dispute