Authority: National Company Law Tribunal (NCLT), Division Bench, Court - 1, Ahmedabad
Order Date: 06/07/2026
Case Overview
This is a proceeding under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC). The application was filed by Mr. Rameshbhai Amthabhai Desai & Ors (Applicants/Financial Creditors) against Keya Buildtech LLP (Respondent/Corporate Debtor). The matter was listed for hearing on IA No. 785(AHM)2026 in CP(IB)/247(AHM)2025. Counsel for the respondents appeared and submitted that a Vakalatnama would be filed during the course of the day. The tribunal noted that no reply had been filed yet. An affidavit of service report (filed on 06.07.2026 vide Inward No. D-5552) confirmed that notices were served upon Respondent Nos. 1 to 3 through Registered Post on 24.06.2026. The tribunal held this service to be sufficient and complete.
Final Outcome
Although the period prescribed for filing a reply had not yet expired, the NCLT granted a further extension of two weeks from the order date (06/07/2026) for the respondents to file their reply, as requested by their counsel. The applicants are then granted two weeks to file a rejoinder, if any. The matter has been adjourned and is next listed for further consideration on 11/08/2026.
Topics: Insolvency Proceeding, NCLT Procedure