Authority: National Company Law Tribunal, Division Bench, Court - 1, Ahmedabad
Order Date: 06/07/2026
Case Overview
The National Company Law Tribunal (NCLT) Ahmedabad heard proceedings under Section 7 of the Insolvency and Bankruptcy Code (IBC) between Bank of India (Applicant/Financial Creditor) and Aapricorp Health Private Limited (Respondent/Corporate Debtor). The matter was taken up for hearing in hybrid mode following the last order dated 30.06.2026.
The Corporate Debtor, through its Managing Director Bharulata Kamble (appearing via virtual mode), filed extensive pleadings contesting the petition. The Respondent submitted numerous documents including preliminary replies, written submissions, objections to the appearance of Advocate Vishwas Shah, affidavits denying debt and default, and various applications for adjournment and condonation of delay. Key filings included a "No Debt No Default Affidavit" dated 22-June-2026 and an "Affidavit about Judicial Remarks" and "Affidavit about Assignment Deed" both dated 08-06-2026.
The Financial Creditor, represented by Advocates Vishwas Shah and Dhruvin Dossani, also filed comprehensive pleadings including the original petition dated 09.04.2026, affidavits of service, vakalatnama, rejoinder, and written submissions dated 22.06.2026.
The bench comprising Mr. Shammi Khan (Hon'ble Member Judicial) and Mr. Sanjeev Sharma (Hon'ble Member Technical) heard oral submissions from both sides for final disposal of the matter and perused the complete record.
Final Outcome
The NCLT Ahmedabad bench reserved its order on the Section 7 IBC application filed by Bank of India against Aapricorp Health Private Limited. No immediate decision was rendered, and the matter will be decided based on the written submissions and evidence presented by both parties.
Topics: Insolvency Proceedings, Corporate Debt Dispute, Banking Litigation