NCLT Recalls Somanath Textile Ex-Parte Orders with Costs

NCLT Ahmedabad recalls two ex-parte orders dated 20.03.2024 against Somanath Textile Pvt. Ltd.
Applicant permitted to file replies subject to payment of Rs. 40,000 costs per application to State Bank of India.
Matter involves proceedings under Section 10 of the Insolvency and Bankruptcy Code, 2016 (CP(IB) 49 of 2017).
IAs listed for arguments on 08.06.2026 after reply and rejoinder filings.