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

Order Date: 17/06/2026

Case Overview

This matter concerns Interim Application No. IA/933(AHM)2026 filed within Company Petition (IB)/483(AHM)2025, which is an insolvency proceeding initiated under Section 7 of the Insolvency and Bankruptcy Code (IBC). The applicant is Catalyst Trusteeship Limited, and the respondent is Blu-Smart Charge Pvt. Ltd. The hearing was conducted in hybrid mode. The learned counsel for the applicant, who is also the resolution professional (RP), Mr. Narendra Singh, Adv., requested an adjournment. The specific reason cited was to allow time to satisfy the tribunal on the issue of the maintainability of the present interim application (IA/933(AHM)2026) against Respondent No. 1, Blu-Smart Charge Pvt. Ltd. A specific adjournment of two weeks was sought for this purpose.

Final Outcome

The bench, comprising Member (Judicial) Shammi Khan and Member (Technical) Sanjeev Sharma, granted the adjournment. The matter has been relisted for further consideration on 6th July 2026.

Topics: Insolvency Proceeding, NCLT Hearing