NCLT Ahmedabad hears insolvency application by State Bank of India against Shreebhav Polyknits Pvt Ltd under Section 7 IBC.
Tribunal directs parties to file written submissions in IA/799(AHM)2022 and lists matter for 15 June 2026.
In IA/91(AHM)2023, Ex-RP Nirav Tarkas ordered to deposit Rs 8.56 lakh for unauthorized fund use during CIRP.
Order finds violation of Regulation 33 of IBBI Regulations 2016 and sends copy to IBBI for further action.