Authority: National Company Law Tribunal, Division Bench, Court - 1, Ahmedabad
Order Date: 06/07/2026
Coram: Mr. Shammi Khan, Hon'ble Member (Judicial) and Mr. Sanjeev Sharma, Hon'ble Member (Technical)
Case Overview
The National Company Law Tribunal (NCLT) Ahmedabad heard two interlocutory applications (IA/985(AHM)2026 and IA/986(AHM)2026) in the matter of C.P.(IB) & Pre-Packaged)/1(AHM)2023 involving Kethos Tiles Pvt Ltd. The applications were filed by the applicant under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 read with Rule 11 of the National Company Law Tribunal Rules 2016. Both applications sought to place progress reports on record as part of the corporate insolvency resolution process.
IA/985(AHM)2026 specifically requested to take on record the 3rd Progress Report for the period from 06.04.2026 to 05.05.2026. IA/986(AHM)2026 sought to take on record the 4th Progress Report for the period from 06.05.2026 to 05.06.2026. The tribunal noted that Mr. Sumit Parikh, Advocate, appeared for the applicant.
Final Outcome
The NCLT allowed both applications and directed that the progress reports be taken on record "with all just exceptions." The tribunal ordered that the reports be placed with the main file for further reference. With this direction, both IA/985(AHM)2026 and IA/986(AHM)2026 were allowed and disposed of. The order represents a routine procedural step in the ongoing corporate insolvency resolution process of Kethos Tiles Pvt Ltd.
Topics: Insolvency Proceedings, NCLT Order, Corporate Law