Authority: National Company Law Tribunal, Ahmedabad Bench (Court 2)
Order Date: 09/06/2026
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)/267(AHM)2024. The case involves M/s. Annapurna Pet Private Limited as the applicant (operational creditor) versus M/s. Manpasand Beverages Limited as the respondent (corporate debtor). During the hearing, the applicant's counsel, Mr. Vinit Nagar (PCS), stated that he had no further instructions to appear in the matter and confirmed that the applicant had not complied with the tribunal's earlier order. He also confirmed that no appeal is pending before the National Company Law Appellate Tribunal (NCLAT) filed by the applicant and that no settlement has been reached between the parties. A new counsel for the applicant appeared and was directed to file a vakalatnama on the same day.
Final Outcome
The tribunal adjourned the matter to June 30, 2026, for further consideration. Both parties were directed to file written submissions: the new counsel for the applicant must submit written submissions by affidavit within 7 days with a copy to the opposite side, while the respondent's counsel (Mr. Manish Bhatt, Senior Advocate with Mr. Yash Dadhich and Mr. Sujaan Shah) must file written submissions not exceeding two-three pages by affidavit within the same 7-day period.
Topics: Insolvency Proceeding, NCLT Hearing, Corporate Debt