Authority: National Company Law Tribunal, Court-V, Mumbai Bench
Order Date: June 9, 2026
Case Overview
The National Company Law Tribunal (NCLT) Mumbai Bench heard matter CP (IB)/980(MB)2025, which is an insolvency petition filed by Erde Resources Private Limited against respondent Ganpatbhai Ranchhodbhai Patel. The petition was filed under Section 95(1) of the Insolvency and Bankruptcy Code, 2016, which deals with initiation of insolvency resolution process against individuals and partnership firms. The bench comprised Judicial Member Ashish Kalia and Technical Member Charanjeet Singh Gulati.
Final Outcome
The matter was not taken up for hearing due to paucity of time. The tribunal adjourned the case to August 25, 2026 for further proceedings. No substantive hearing or decision on the merits of the insolvency petition occurred during this session.
Topics: Insolvency Proceedings, NCLT Adjournment