Authority: National Company Law Tribunal (NCLT), Division Bench, Court - 1, Ahmedabad
Order Date: 06/07/2026
Case Overview
The matter concerned an application (Rest.A/12(AHM)2026) filed in the insolvency proceedings of JCR Fashion Retail Pvt. Ltd (Case No. RCP(IB)/1(AHM)2026). The applicant was Live Fashion, through its proprietor Mr. Dhirajbhai Karamshi. The applicant's counsel, Mr. Rahul Bhavsar, appeared and clarified that the filing was an error. The submitted application was, in substance, an Interlocutory Application filed under Section 19(2) of the Insolvency and Bankruptcy Code, 2016, but it was inadvertently filed under the heading of a restoration application, leading to the incorrect case number. The applicant's counsel and the Resolution Professional (Liquidator), Mr. Rathin A. Majmudar, were present and requested to withdraw this application, stating that a new Interlocutory Application had already been filed correctly.
Final Outcome
The bench, comprising Member (Technical) Mr. Sanjeev Sharma and Member (Judicial) Mr. Shammi Khan, dismissed the application (Rest.A/12(AHM)2026) as withdrawn.
Topics: NCLT, IBC Proceedings