Authority: National Company Law Tribunal, Ahmedabad Bench (Count-2)
Order Date: 08/06/2026
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 a procedural application in ongoing insolvency proceedings. The matter involves an application filed under Section 9 of the Insolvency and Bankruptcy Code (IBC) by Lubrizol Advanced Materials, IVC Brecksville, USA (Applicant) against MIKU Polymers & Plastics Limited (Respondent). The case is registered as IA/867(AHM)2026 in CP(IB)/186(AHM)2022.
During the hearing, the applicant was represented by counsel Mr. Nipun Singhvi along with Ms. Pragati Tiwari, while the respondent was represented by Mr. Malav Ajmera. The tribunal noted the appearance of parties and addressed procedural requirements for moving the case forward.
Final Outcome
The tribunal issued procedural directions ordering the applicant's counsel to collect the notice from the Registry and serve it upon all respondents along with a copy of the petition. Proof of service must be filed within 15 days from the order date. Respondents were given 4 weeks from the order date to file their replies, if any. The matter has been adjourned and listed for further consideration on July 20, 2026. No substantive decision on the insolvency application was made in this order.
Topics: Insolvency Proceedings, NCLT Order, Corporate Debt