Shri Aster Silicates Ltd 27th Liquidation Progress Report

Authority: National Company Law Tribunal, Ahmedabad Bench (Count-2)

Order Date: 15/07/2026

Case Overview

This proceeding arises from an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) by Hasmukhbhai Somabhai Patel against Shri Aster Silicates Ltd. The case is registered as CP(IB) 366 of 2018. The matter before the tribunal was an Interlocutory Application (IA) numbered IA(Liq.)Progress Report/218(AHM)2026, filed by the Liquidator of the corporate debtor, Shri Aster Silicates Ltd. The application sought to place the 27th progress report for the quarter ending 30th June 2026 on the record of the tribunal.

Final Outcome

The bench, comprising Member (Judicial) Mrs. Chitra Hankare and Member (Technical) Dr. Velamur G Venkata Chalapathy, heard the learned counsel for the applicant Liquidator, Mr. Monaal Davawala. The tribunal accepted the 27th progress report and placed it on record with all just exceptions. The report was directed to be placed with the main case file for future reference. Consequently, the application (IA) was disposed of.

Topics: Corporate Insolvency, Liquidation Process