NCLT Ahmedabad Reserves Order in Prutha Enterprise Insolvency Case

NCLT Ahmedabad reserved its order in a Section 7 IBC insolvency petition filed by Prutha Enterprise against Origin Formulations.
The applicant's counsel declined to file a reply to the Income Tax Department's report received by the tribunal.
The matter involves the Income Tax Department as an intervening party in the corporate insolvency resolution process.