Authority: National Company Law Tribunal, Ahmedabad Bench - Court 2
Order Date: 10 July 2026
Case Overview
The National Company Law Tribunal (NCLT) Ahmedabad Bench heard proceedings under Section 7 of the Insolvency and Bankruptcy Code (IBC). The application was filed by Niriha Consultancy Private Limited (Applicant) against Parasmani Tubes Private Limited (Respondent). The bench comprised Mrs. Chitra Hankare (Member Judicial) and Dr. Velamur G Venkata Chalapathy (Member Technical). Mr. Chirag Gupta, Advocate, represented the applicant. The tribunal heard arguments from the applicant's counsel and raised questions regarding the maintainability of the application.
Final Outcome
The NCLT directed the applicant to file written submissions on the issue of maintainability within one week. The submissions must be accompanied by the memorandum of association of the company and should not exceed two to three pages. The case has been adjourned and listed for further consideration on 3 August 2026. No final decision on admission or rejection of the application has been made at this stage.
Topics: Insolvency Proceedings, Corporate Debt, NCLT