Authority: National Company Law Tribunal (NCLT), Division Bench, Court - 1, Ahmedabad
Order Date: 22/06/2026
Case Overview
This order pertains to Interim Application No. IA/210(AHM)2026 in the main Company Petition (IB)/138(AHM)2025. The proceedings are being conducted under Section 121 of the Insolvency and Bankruptcy Code, 2016. The applicant in the matter is Shri Jignesh Harijibhai Ghanya, who is the petitioner in the case against the Corporate Debtor, M/s Yogiraj Spinning Limited. The bench comprised Mr. Shammi Khan, Hon'ble Member (Judicial), and Mr. Sanjeev Sharma, Hon'ble Member (Technical). The applicant was represented by Advocate Mr. Arjun Padhiyar. The respondents (R-1 to R-5) were represented by a proxy counsel, Mr. Jay Parihar, standing in for Advocate Mr. Arjun Sheth.
The key development noted in the order is that the respondents (R-1 to R-5) had again not filed any written submissions. Their proxy counsel explicitly stated on record that they did not wish to file any written submissions in the matter.
Final Outcome
The bench did not issue a final ruling on the matter. The hearing was adjourned, and the case was re-listed for further consideration on 08.07.2026.
Topics: Insolvency Proceeding, Legal Hearing, Corporate Debt