Authority: National Company Law Tribunal, Ahmedabad Bench (Court 2)
Order Date: 08/06/2026
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 proceedings under Section 59 of the Insolvency and Bankruptcy Code (IBC) regarding the liquidation of Tusk International Impex Private Limited. The case reference is C.P.(IB)/258(AHM)2025, Item No. 209. The applicant is Manish Kumar Bhagat, who serves as the Liquidator of Tusk International Impex Private Limited. Representatives present included Mr. Arjun Sheth (Advocate for the Applicant), Mr. Manish Bhagat (Liquidator), and a proxy representative for the Income Tax Department, Mr. Nandan S. Soni (Advocate) appearing for Mr. Aman A Mir (Advocate).
The tribunal noted that both the Income Tax Department and the Registrar of Companies (ROC) have already filed their reports in this matter. The Liquidator, Mr. Manish Bhagat, appeared and submitted that he has complied with the tribunal's earlier order.
Final Outcome
The NCLT directed the Liquidator to file written submissions covering all regulatory compliances. These submissions must not exceed two to three pages and are to be filed within one week from the order date (08/06/2026). The matter has been listed for further consideration on 08/07/2026.
Topics: Corporate Insolvency, Regulatory Compliance, NCLT Proceedings