Authority: National Company Law Tribunal, Ahmedabad Bench (Court 2)
Order Date: 10 July 2026
Case Overview
This proceeding involves an application (IA/1042(AHM)2026) within the larger insolvency petition CP(IB) 138 of 2020, which was filed under Section 9 of the Insolvency and Bankruptcy Code (IBC). The matter pits Mr. Sanjay S Jaiswal, Proprietor of Trigun Enterprise, as the operational creditor/applicant against Vivek Steelco Pvt Ltd as the corporate debtor/respondent. The bench comprising Mrs. Chitra Hankare (Judicial Member) and Dr. Velamur G Venkata Chalapathy (Technical Member) heard representations only from the applicant's counsel, Ms. Noopur Dalal, as there was no representation for the respondent company at this hearing.
Final Outcome
The Tribunal issued a procedural order directing the applicant's counsel to collect notices from the Registry and serve them upon all respondents. The order specifically requires that these notices be served along with a copy of the petition. The matter has been listed for further consideration on 10 August 2026, indicating this is an interim step in the ongoing insolvency resolution process.
Topics: Insolvency Proceedings, NCLT Order, Corporate Debtor