Vasundhara Seamless Stainless Tubes NCLT Hearing Adjourned

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

Order Date: 17/06/2026

Case Overview

This is a proceeding under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC). The application was filed by Hiralal Bhimjibhai Kumavat, Proprietor of B N Enterprises, against the corporate debtor, Vasundhara Seamless Stainless Tubes Private Limited. The matter is registered as C.P. (IB)/198(AHM)2023. The Interim Resolution Professional (IRP), Mr. Sachin Sinha, had appeared in an earlier hearing and made certain submissions to the bench, which comprises Mrs. Chitra Hankare (Member-Judicial) and Dr. Velamur G Venkata Chalapathy (Member-Technical).

Final Outcome

The bench heard the learned counsel for the applicant and noted the previous submissions made by the IRP. The tribunal has adjourned the hearing and listed the matter for further consideration on 13/07/2026.

Topics: Insolvency, NCLT Proceeding