Authority: National Company Law Tribunal, Ahmedabad Bench (Court 2)
Order Date: July 6, 2026
Case Overview
This proceeding involves an application under Section 9 of the Insolvency and Bankruptcy Code (IBC) filed by Immacule Lifesciences Pvt Ltd (Applicant) against FTF Pharma Private Limited (Respondent). The respondent was previously made ex-parte but was later allowed to file a reply. During the proceedings, the applicant's counsel raised objections regarding an additional affidavit filed by the respondent's counsel. The tribunal noted that this additional affidavit was filed without obtaining proper permission from the tribunal and contained many documents that were not permitted to be introduced at this stage.
Final Outcome
The National Company Law Tribunal, Ahmedabad Bench, comprising Member (Judicial) Mrs. Chitra Hankare and Member (Technical) Dr. Velamur G Venkata Chalapathy, rejected the additional affidavit filed by the respondent and refused to take it on record. The tribunal directed both parties to file written submissions by affidavit and to be prepared to argue the matter on the next hearing date. The case has been listed for further consideration on August 5, 2026.
Topics: NCLT Proceeding, Insolvency Application, Procedural Order