Authority: National Company Law Tribunal, Division Bench, Court-1, Ahmedabad

Order Date: 15/07/2026

Case Overview

The National Company Law Tribunal (NCLT) Ahmedabad heard an application (IA/1074(AHM)2026) filed in the main insolvency petition C.P.(IB)/303(AHM)2024. The application was filed by Central Bank of India under Rule 11 of the NCLT Rules, 2016, seeking to take on record the Third Progress Report for the corporate insolvency resolution process of Repute Foods Pvt. Ltd. The progress report covered the period from 08 April 2026 to 30 June 2026. The proceedings are being conducted under Section 7 of the Insolvency and Bankruptcy Code (IBC).

Final Outcome

The NCLT bench comprising Member (Judicial) Mr. Shammi Khan and Member (Technical) Mr. Sanjeev Sharma allowed the application and took the Third Progress Report on record with all just exceptions. The tribunal directed that the report be placed with the main case file for future reference. With this order, the application IA/1074(AHM)2026 stands disposed of.

Topics: Insolvency Proceeding, Progress Report, NCLT Order