Authority: National Company Law Tribunal, Ahmedabad Bench (Court 2)
Order Date: June 9, 2026
Case Overview
The National Company Law Tribunal (NCLT) Ahmedabad bench, comprising Judicial Member Mrs. Chitra Hankare and Technical Member Dr. Velamur G Venkata Chalapathy, heard proceedings in CP(IB) 132 of 2020. This is an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code (IBC) by Shalendra Singh Raiput, Proprietor of Raiput & Sons, against Manpasand Beverages Ltd. The respondent's counsel submitted an affidavit regarding the status of a matter before the National Company Law Appellate Tribunal (NCLAT) concerning another order against the corporate debtor, but confirmed there was no stay on hearing this matter. The applicant's counsel had filed written submissions but had not complied with a previous order to serve notice on GST officials. This requirement stemmed from allegations between both parties regarding certain fraudulent transactions that are under investigation by GST authorities.
Final Outcome
The tribunal directed the applicant's counsel to comply with the previous order and serve notice upon GST officials regarding the investigation into alleged fraudulent transactions. Both parties were instructed to file written submissions, not exceeding two to three pages, covering any pending litigations by 10:30 AM on June 10, 2026. The bench reserved its order in the matter, meaning a final decision will be delivered at a later date.
Topics: Insolvency Proceedings, GST Investigation, Corporate Debtor