Suwarna Buildcon vs Sadbhav Engineering NCLT Debt Dispute

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

Order Date: 16/06/2026

Case Overview

The matter involves an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC). The applicant, Suwarna Buildcon Pvt Ltd., has initiated proceedings against the corporate debtor, Sadbhav Engineering Limited. The case was listed under two item numbers: CP(IB)/48(AHM)2023 (the main petition) and IA/1422(AHM)2025 (an interlocutory application).

During the hearing, the learned counsel for the applicant, Mr. Ankit Pitty, sought an amendment to the main petition (CP IB 48 of 2023) concerning the due date of the debt. The learned counsel for the respondent, Mr. Ravi Pahwa, appeared and submitted that he did not wish to file a formal reply in the matter. However, he requested time to file written submissions on the same day.

The bench, comprising Member (Judicial) Mrs. Chitra Hankare and Member (Technical) Dr. Velamur G Venkata Chalapathy, heard both counsels. The tribunal directed that both parties could file written submissions, if any, on that day itself, with a restriction that they should not exceed two to three pages.

Final Outcome

The tribunal reserved its order. The main petition (CP(IB)/48(AHM)2023) was listed for further consideration on 07.07.2026.

Topics: Insolvency Petition, NCLT Proceeding, Debt Dispute