NCLT Adjourns Equentia Financial Insolvency Plea

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

Order Date: 09/06/2026

Case Overview

This is an order in an Interim Application (IA/875(AHM)2026) filed within a main insolvency petition (C.P.(IB)/384(AHM)2025). The proceedings are under Section 95 of the Insolvency and Bankruptcy Code, 2016 (IBC). The applicant is Equentia Financial Service Pvt. Ltd, and the respondent is Kishan Prakashbhai Patel. The matter was heard in hybrid mode.

The learned proxy counsel for the applicant appeared and gave an undertaking to the tribunal to ensure the availability of the physical copy of the petition within a period of one week from the order date.

Final Outcome

The bench, comprising Member (Judicial) Shammi Khan and Member (Technical) Sanjeev Sharma, did not make a ruling on the merits of the case. The matter was adjourned and relisted for further consideration on 30.06.2026.

Topics: Insolvency, NCLT, Corporate Debt