Authority: National Company Law Tribunal (NCLT), Ahmedabad Bench - Court 2
Order Date: July 10, 2026
Case Overview
The matter involves an application (IA(Plan)/12(AHM)2026) filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) by Cropberry Foods Private Limited (Applicant) against Button Industries Private Limited (Respondent). The application was listed for hearing. The learned counsel for the applicant, Mr. Mayur Jugtawat, was directed by the tribunal to issue notices to all respondents. He was instructed to collect the notices from the Registry and serve them upon all respondents along with a copy of the petition. The tribunal further directed that the Suspended Management be made a formal party to the proceedings. The learned Senior Counsel for the respondents, Mr. Amar Bhatt, assisted by Mr. Tirth Nayak, appeared and sought time to file their reply to the application.
Final Outcome
The tribunal granted the respondent's request and directed them to file their reply within one week. The matter has been adjourned and is listed for further consideration on July 21, 2026. The order was signed by the bench comprising Dr. V. G. Venkata Chalapathy (Member Technical) and Mrs. Chitra Hankare (Member Judicial).
Topics: Insolvency Proceeding, NCLT Order, Corporate Debt