Authority: National Company Law Tribunal, Ahmedabad Bench
Order Date: 15/06/2026
Case Overview
The matter involves multiple Interlocutory Applications (IAs) numbered 491(AHM)2021, 730(AHM)2022, 1049(AHM)2022, 589(AHM)2023, 393(AHM)2021, 1788(AHM)2024, and 1809(AHM)2024 in the main insolvency petition CP(IB) 420 of 2018. The proceedings were initiated under Section 7 of the Insolvency and Bankruptcy Code (IBC) by Bank of India as the financial creditor against corporate debtor Eskay K 'N' IT (India) Ltd. The Hon'ble NCLAT had previously remanded the matter back to the NCLT, though the specific copy of the application containing the remand order had not been received by the tribunal at the time of this hearing.
Final Outcome
The tribunal, comprising Member (Judicial) Mrs. Chitra Hankare and Member (Technical) Dr. Velamur G Venkata Chalapathy, adjourned the matter for further consideration to 14th July 2026. The Liquidator's counsel was directed to file the copy of the NCLAT remand order within one week. The matter remains pending before the NCLT Ahmedabad.
Topics: Insolvency Proceedings, NCLT Adjournment