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

Order Date: July 10, 2026

Case Overview

The National Company Law Tribunal, Ahmedabad heard two connected matters: C.P.(IB)/444(AHM)2025 and IA/868(AHM)2026, both arising from proceedings under Section 95 of the Insolvency and Bankruptcy Code (IBC). The main petition involves State Bank of India as the applicant versus Mrs. Nitu Ankit Anjitsaria as the respondent. The matter was heard by a bench comprising Mrs. Chitra Hankare (Member Judicial) and Dr. Velamur G Venkata Chalapathy (Member Technical).

In the main petition (C.P.(IB)/444(AHM)2025), the Resolution Professional Mr. Samir Mehta, represented by advocate Mr. Karan Sanghani, appeared and submitted that his report had already been filed. The RP suggested the admission of the insolvency application against the respondent. The applicant's counsel sought time to file written submissions on the RP report and was directed to file an affidavit not exceeding two to three pages by Monday morning, June 13, 2026, at 10:30 AM.

In the connected interim application (IA/868(AHM)2026), the applicant's counsel appeared and submitted that they had raised objections to the RP report and filed the present application.

Final Outcome

Both matters - the main insolvency petition and the interim application objecting to the RP report - were adjourned for further consideration on July 15, 2026. No final decision on the admission of the insolvency application or the objections to the RP report was made in this order.

Topics: Insolvency Proceedings, Banking Sector