Authority: National Company Law Tribunal (NCLT), Ahmedabad Bench - Court 2
Order Date: 08/06/2026
Case Overview
This is a proceeding under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The financial creditor, Goenka Business & Finance Ltd, has filed an application (C.P. (IB)/274(AHM)2023) against the corporate debtor, Dharti Proteins Limited, seeking initiation of the Corporate Insolvency Resolution Process (CIRP). The matter was heard by a bench comprising Member (Judicial) Mrs. Chitra Hankare and Member (Technical) Dr. Velamur G Venkata Chalapathy. The applicant was represented by advocates Mr. Nipun Singhvi and Mr. Mayur Jugtawat. The counsel for the applicant submitted that notices had been served upon all respondents. The Tribunal had also previously directed the respondents to remain present. However, no one appeared on behalf of the respondents (Dharti Proteins Limited).
Final Outcome
The Tribunal did not pass any substantive orders on the insolvency petition. It directed the applicant's counsel to collect fresh notices from the registry and serve them, along with a copy of the petition, upon all the respondents. The matter was adjourned and listed for further consideration on July 7, 2026. The Tribunal stated that if the respondents fail to appear on the next date of hearing, appropriate orders shall be passed.
Topics: Insolvency Proceeding, NCLT Hearing