Authority: National Company Law Tribunal, Ahmedabad Bench (Court-2)
Order Date: 14 July 2026
Case Overview
The National Company Law Tribunal (NCLT), Ahmedabad Bench, comprising Member (Judicial) Mrs. Chitra Hankare and Member (Technical) Dr. Velamur G Venkata Chalapathy, heard multiple Interlocutory Applications (IAs) related to the corporate insolvency resolution process of Eskay K 'N' IT (India) Ltd. The proceedings were initiated under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) by Bank of India as the financial creditor. The specific IAs heard were: IA/491(AHM)2021, IA/730(AHM)2022, IA/1049(AHM)2022, IA/589(AHM)2023, IA/393(AHM)2021, IA/1788(AHM)2024, and IA/1809(AHM)2024. The matter also included CP(IB) 420 of 2018. Representation included Mr. Atul Sharma and Proxy Ms. Somya Jain (for Mr. Arjun Sheth) for the applicant, Ms. Prachi Johari for the liquidator, and Mr. Priyam Shah for respondent-16.
Final Outcome
The tribunal directed the liquidator to take necessary steps in compliance with a previous order issued by the National Company Law Appellate Tribunal (NCLAT). The matter was adjourned and listed for further consideration on 12 August 2026.
Topics: Corporate Insolvency, NCLT Proceedings, Liquidation