Authority: National Company Law Tribunal, Ahmedabad Single Bench
Order Date: 09/10/2026
Case Overview
The National Company Law Tribunal (NCLT) Ahmedabad bench heard multiple Interlocutory Applications (IAs) in the matter of CP(IB)/200(AHM)2021, which is a proceeding under Section 9 of the Insolvency and Bankruptcy Code (IBC). The case involves Kotyark Industries Limited (formerly known as Yamuna Bio Energy Pvt Ltd) as the applicant and Global Medicines Ltd as the respondent. The matter concerns four specific IAs: IA/222(AHM)2026, IA/394(AHM)2026, IA/533(AHM)2026, and IA/534(AHM)2026.
For IA/394(AHM)2026, the applicant's counsel appeared and submitted that a rejoinder had been filed. The respondent's counsel stated they had not received a copy. The Tribunal directed the applicant's counsel to serve a copy of the rejoinder on the respondent.
For IA/533(AHM)2026 and IA/534(AHM)2026, the counsel for the respondents (Respondent Nos. 1 to 5 in IA/533 and Respondent Nos. 1 to 3 in IA/534) sought time to file their replies. The Tribunal granted them a final opportunity of one week to file the replies, with a copy to be served to the other side.
Final Outcome
All four Interlocutory Applications - IA/222(AHM)2026, IA/394(AHM)2026, IA/533(AHM)2026, and IA/534(AHM)2026 - were adjourned for further consideration to 04.11.2026. No substantive rulings on the merits of the case were made in this order.
Topics: NCLT Proceedings, Corporate Insolvency, Adjournment