Authority: National Company Law Tribunal, Division Bench, Court - 1, Ahmedabad
Order Date: 16/06/2026
Case Overview
This order pertains to proceedings under Section 7 of the Insolvency and Bankruptcy Code (IBC) in the matter of IDBI Ltd. versus Wind World (India) Ltd. The case involves two interlocutory applications: Inv.P/9(AHM)2026 in IA(Plan)/10(AHM)2026 and IA/930(AHM)2026 in CP(IB) 14 of 2018. The matter was heard in hybrid mode by a bench comprising Mr. Shammi Khan, Hon'ble Member (Judicial), and Mr. Sanjeev Sharma, Hon'ble Member (Technical). Representatives for the applicant (IDBI Ltd.) included advocates Mr. Siddharth Shah and Mr. Abhilash Chaudhary from J. Sagar Associates. Representatives for the respondent (Wind World (India) Ltd.) included advocates Ms. Sanaea Laskari and Ms. Fatema Kachwala.
Final Outcome
The Tribunal adjourned both applications for further consideration on 18th June 2026. For application Inv.P/9(AHM)2026, an adjournment was granted at the request of the advocate on record to allow Senior Counsel Mr. Devang Nanavati to argue the matter orally. For application IA/930(AHM)2026, upon advance service of the paper book, counsel for the Resolution Professional and Committee of Creditors appeared and undertook to file a reply during the course of the day. Counsel also undertook to file any rejoinder before the next date of hearing.
Topics: Insolvency Proceedings, NCLT Hearing, Corporate Debt