NCLT Ahmedabad hears applications concerning the bankruptcy process of Torque Automotive Pvt. Ltd., with the Financial Creditor Bank of Baroda appearing.
Bank of Baroda files an affidavit-in-reply, acknowledging the bankruptcy process could not be completed within the Supreme Court's timeline.
The Financial Creditor indicates an intention to seek an extension from the Supreme Court, citing Section 138 of the IBC 2016.
The matter is adjourned for further progress and is next listed for hearing on June 2, 2026.