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

Order Date: 09/10/2026

Case Overview

This matter involves proceedings under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC). The application was filed by The Saraswat Co-operative Bank Limited (Applicant/Financial Creditor) against Nami Steel Private Limited (Respondent/Corporate Debtor). The case is registered as CP(IB)/236(AHM)2021 with two interlocutory applications numbered IA/606(AHM)2023 and IA/609(AHM)2023. The matter was partly heard by the bench. During the proceedings, learned counsel for both parties submitted that the matter required further hearing and requested that it be listed before the regular bench.

Final Outcome

The Hon'ble Member (Judicial) Mrs. Chitra Hankare ordered the matter to be listed before the regular bench on 23 November 2026 for further hearing. No substantive decision on the insolvency application was made in this order.

Topics: Insolvency Proceedings, Banking Dispute, NCLT Hearing