Authority: National Company Law Tribunal, Ahmedabad Bench (Court 2)
Order Date: 16/06/2026
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 two connected matters: C.P.(IB)/74(AHM)2025 and IA/1264(AHM)2025. The proceedings were initiated under Section 9 of the Insolvency and Bankruptcy Code (IBC) between Shubham Enterprise (through its sole proprietor Gopal) as the applicant and Active Aluminium Pvt Ltd as the respondent/corporate debtor.
In the main petition (C.P.(IB)/74(AHM)2025), the tribunal adjourned the matter for further consideration on July 20, 2026. In the intervention application (IA/1264(AHM)2025), the respondent's counsel sought an adjournment for mediation regarding payment amounts on certain invoices. However, the applicant's counsel opposed mediation, citing the nature of the application and the absence of any provision for arbitration or mediation in the original sale/purchase agreement between the parties.
The tribunal noted that as the corporate debtor, the applicant could file objections in the main petition if necessary, but found the intervention application not maintainable under the circumstances.
Final Outcome
The NCLT dismissed IA/1264(AHM)2025 as not maintainable and adjourned the main insolvency petition (C.P.(IB)/74(AHM)2025) to July 20, 2026 for further consideration. The corporate debtor was directed to file any objections in the main petition.
Topics: Insolvency Proceedings, NCLT Order, Corporate Dispute