NCLT Ahmedabad hears insolvency petition filed by Ratnaafin Capital against Saarthi Pedagogy under Section 7 of IBC.
Corporate Debtor failed to file reply; granted final 7-day extension subject to Rs 25,000 cost payment to PMNRF.
Daily delay penalty of Rs 25,000 imposed for non-compliance; matter listed for arguments on 12 May 2026.