Authority: National Company Law Tribunal, Ahmedabad Bench (Court 2)
Order Date: 16 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Ahmedabad Bench heard proceedings under Section 7 of the Insolvency and Bankruptcy Code (IBC) in the matter of Raj Radhe Finance Limited (Applicant) versus L G Fibre Private Limited (Respondent). The case is registered as C.P. (IB)/236(AHM)2023 with the current interim application numbered IA/535(AHM)2025.
The applicant's counsel, Mr. Jaimin Dave along with Ms. Hirva Dave, appeared before the bench comprising Mrs. Chitra Hankare (Member Judicial) and Dr. Velamur G Venkata Chalapathy (Member Technical). No representation appeared for the respondent.
Counsel for the applicant reported that they had complied with the tribunal's earlier order by collecting notices from the registry for service upon R-3 and R-4 (additional respondents not named in the provided text), but were unable to successfully serve these parties. The applicant consequently requested permission for service through paper publication.
Final Outcome
The tribunal allowed the request for paper publication service, directing the applicant's counsel to file a proper purshis (formal application) in this regard. The matter was adjourned and listed for further consideration on 10 August 2026.
Topics: Insolvency Proceeding, Legal Procedure, Corporate Debt