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

Order Date: June 10, 2026

Case Overview

The National Company Law Tribunal (NCLT) Ahmedabad Bench heard proceedings under Section 7 of the Insolvency and Bankruptcy Code (IBC) in the matter of HDFC Bank Limited versus Shree Gopinath Paper Mills Private Limited. The case number is C.P. (IB)/204(AHM)2023 with interim application IA/689(AHM)2025. HDFC Bank Limited is the financial creditor applicant, while Shree Gopinath Paper Mills Private Limited is the corporate debtor respondent. The matter was heard by a bench consisting of Member (Judicial) Mrs. Chitra Hankare and Member (Technical) Dr. Velamur G Venkata Chalapathy.

Final Outcome

The NCLT adjourned the proceedings and granted the applicant's request for additional time to argue the matter. The learned counsel for the applicant confirmed that pleadings are completed. The case has been listed for further consideration on July 13, 2026. No substantive decision on admission or rejection of the insolvency application was made in this hearing.

Topics: Insolvency Proceedings, Banking Sector, NCLT