Authority: National Company Law Tribunal, Ahmedabad Bench (Court 2)
Order Date: 17 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Ahmedabad heard proceedings under Section 9 of the Insolvency and Bankruptcy Code (IBC) in matter C.P.(IB)/392(AHM)2025. The petition was filed by NareshKumar Harishchandra Shakya (Applicant) against Kena Alloy Private Limited (Respondent). The matter was heard by a bench comprising Mrs. Chitra Hankare (Member Judicial) and Dr. Velamur G Venkata Chalapathy (Member Technical).
During the proceedings, the respondent's counsel, Mr. Pratik Thakkar, appeared and sought additional time to file the Vakalatnama (power of attorney) and formal reply to the insolvency petition. The applicant was represented by Mr. Ravi Pahwa.
Final Outcome
The tribunal granted the respondent's request for time and issued specific directions. The respondent was directed to file a purshish (formal application) regarding this matter on the same day (17 June 2026). Additionally, the respondent was ordered to file its complete reply along with the Vakalatnama within seven days from the order date. The matter has been adjourned and listed for further consideration on 7 July 2026.
Topics: Corporate Insolvency, NCLT Proceedings, Section 9 IBC