Authority: National Company Law Tribunal, Division Bench, Court - 1, Ahmedabad
Order Date: 13/07/2026
Case Overview
This matter concerns an application (IA/1057(AHM)2026) filed by Respondent Nos. 6A and 6B in the ongoing insolvency proceedings of Archon Engicon Ltd (CP(IB) 211 of 2020), which was initiated by State Bank of India under Section 7 of the Insolvency and Bankruptcy Code, 2016. The application was filed under Rule 11 of the NCLT Rules, 2016 read with Section 60(5) of the IBC, 2016. The applicants sought recall/modification of a previous order dated 17.06.2026, which had closed their right to file a reply in the connected application IA/185(AHM)2025. They additionally sought permission to take on record their reply affidavit, which was affirmed on 27.06.2026 - after their right to file had been closed. The matter was heard in hybrid mode with representation from both parties.
Final Outcome
The NCLT bench, comprising Member (Judicial) Shammi Khan and Member (Technical) Sanjeev Sharma, disposed of the application. Considering the facts and circumstances and in the interest of justice, the tribunal permitted Respondent Nos. 6A and 6B to place their reply affidavit on record, subject to payment of costs of ₹25,000 each (totaling ₹50,000) to the Prime Minister's National Relief Fund within seven days from the order date (13/07/2026). Proof of this payment must be filed along with the reply, with an advance copy provided to the Respondent/Liquidator. The Liquidator was granted liberty to file a rejoinder to this reply, if any, within two weeks after the cost payment is made. The matter is scheduled for arguments on 27.07.2026.
Topics: NCLT Procedure, Insolvency Costs, Legal Timelines