Authority: National Company Law Tribunal, Ahmedabad Bench (Court-2)
Order Date: 15 July 2026
Case Overview
The National Company Law Tribunal (NCLT) Ahmedabad Bench, comprising Member (Judicial) Mrs. Chitra Hankare and Member (Technical) Dr. Velamur G Venkata Chalapathy, heard matter C.P.(IB)/202(AHM)2026. This is a proceeding under Section 9 of the Insolvency and Bankruptcy Code (IBC) filed by SRJ Peety Steels Private Limited (Applicant) against Opera Energy Private Limited (Respondent).
During the hearing, proxy counsel Ms. Zainab Bharmal appeared for the applicant, representing regular counsel Ms. Chetna Agarwal. The proxy counsel requested to argue the matter but was unable to satisfactorily address queries from the bench regarding the case.
Final Outcome
The NCLT bench granted an adjournment subject to the applicant paying a cost of ₹10,000 to the Prime Minister's Relief Fund. The matter has been listed for further consideration on 11 August 2026.
Topics: Insolvency Proceeding, NCLT Adjournment, Legal Cost