Authority: National Company Law Tribunal, Division Bench, Court - 1, Ahmedabad
Order Date: 08/06/2026
Case Overview
The National Company Law Tribunal (NCLT), Ahmedabad, heard a proceeding under Section 121 of the Insolvency and Bankruptcy Code (IBC). The case, registered as C.P.(IB)/170(AHM)2026, involves Union Bank of India Limited as the applicant and Nimish Natwarlal Lotiya as the respondent. The matter was listed for consideration on June 8, 2026.
A proxy counsel, Ms. Shubhangi, appeared for the applicant bank and requested an adjournment. The reason provided was that the advocate on record for the applicant was unavailable due to personal difficulty.
Final Outcome
The bench, comprising Mr. Shammi Khan (Member Judicial) and Mr. Sanjeev Sharma (Member Technical), granted the adjournment request. The matter has been re-listed for further consideration on June 30, 2026. No substantive orders on the merits of the insolvency application were passed in this hearing.
Topics: Insolvency Proceeding, Legal Adjournment