NCLT Ahmedabad Reserves Orders in Harshil Agrotech Insolvency

NCLT Ahmedabad Reserves Orders in Harshil Agrotech Insolvency Case

Authority: National Company Law Tribunal, Division Bench, Court - 1, Ahmedabad

Order Date: 15/06/2026

Case Overview

The National Company Law Tribunal (NCLT) Ahmedabad heard multiple interlocutory applications (IAs) in the matter of C.P.(IB)/97(AHM)2026, which is an insolvency proceeding initiated under Section 9 of the Insolvency and Bankruptcy Code (IBC). The case involves Cultivatrade Enterprise Pvt. Ltd. (Operational Creditor/Applicant) versus Harshil Agrotech Limited (Corporate Debtor/Respondent).

Three specific IAs were heard: IA/921(AHM)2026, IA/922(AHM)2026, and IA/889(AHM)2026. For IA/889(AHM)2026, the Respondent/Existing Resolution Professional filed a reply affidavit through e-mode on 13/06/2026 and physical mode on 15/06/2026. The Applicant/CoC Members filed a rejoinder affidavit through e-mode on 14/06/2026 and physical mode on 15/06/2026 (Inward Diary No. D-4803), which was taken on record by the Tribunal.

The bench comprising Mr. Shammi Khan (Member Judicial) and Mr. Sanjeev Sharma (Member Technical) heard arguments from both sides. For the Applicant, Ms. Prutha Bhavsar, Adv. along with Mr. Ankit Shah, Adv. appeared in IA/889(AHM)2026. For the Respondent, Mr. Arjun Sheth, Adv. along with Mr. Rajiv Chawla, Adv. appeared in all three IAs.

Final Outcome

The Tribunal reserved orders on all three interlocutory applications (IA/921(AHM)2026, IA/922(AHM)2026, and IA/889(AHM)2026). The bench directed both sides to file their written submissions along with citations, if any, within a period of one day. The final orders will be pronounced after consideration of these submissions.

Topics: Insolvency Proceedings, NCLT Hearing, Corporate Debtor