Authority: National Company Law Tribunal (NCLT), Ahmedabad Bench - Court 2
Order Date: 17 June 2026
Case Overview
This order pertains to an Interlocutory Application (IA/845/AHM/2026) filed within the main insolvency proceeding CP(IB) 480 of 2019, initiated under Section 7 of the Insolvency and Bankruptcy Code (IBC). The application was filed by Jain Sons Finlease Ltd against the corporate debtor, Sort India Enviro Solutions Ltd. The specific purpose of the application was to seek an extension of the corporate debtor's liquidation period.
Final Outcome
The NCLT bench, comprising Member (Judicial) Mrs. Chitra Hankare and Member (Technical) Dr. Velamur G Venkata Chalapathy, heard the applicant's counsel and granted the requested extension. The liquidation period for Sort India Enviro Solutions Ltd was extended by 3 months, from 26 May 2026 to 15 September 2026. The application was disposed of accordingly.
Topics: Insolvency, Liquidation Process