Tag

Shammi Khan

7 articles

Judicial member Shammi Khan is presiding over a series of ongoing insolvency and bankruptcy proceedings at the NCLT Ahmedabad, reflecting a busy docket within India's debt resolution framework. Several cases, including those involving SIDBI vs Alps Leisure, Skystep Trading vs Tradohub B2B, and Ratnaafin Capital vs Sushil Agrawal, have been adjourned, often due to procedural delays or non-appearance of parties. Conart Engineers faced a setback as its plea for cost exemption was dismissed, highlighting the tribunal's strict adherence to filing deadlines. These developments underscore the complexities and protracted timelines inherent in the IBC process, potentially impacting creditors' recovery and the overall efficiency of debt resolution.

Regulation And Legal

NCLT Adjourns Ratnaafin vs Saarthi Pedagogy Insolvency

NCLT Ahmedabad grants adjournment in Ratnaafin Capital's Section 7 insolvency petition against Saarthi Pedagogy. Parties report advanced settlement discussions underway with a meeting scheduled for th

Regulation And Legal

SIDBI vs Alps Leisure Adjourned for Delay Scrutiny

NCLT Ahmedabad adjourns SIDBI's insolvency petition against Alps Leisure Holidays Pvt. Ltd. Adjournment granted as an application for condonation of delay is under registry scrutiny. Matter relisted f

Regulation And Legal

Skystep Trading vs Tradohub B2B Liquidation Hearing Adjourned

NCLT Ahmedabad adjourned Skystep Trading Ltd's liquidation progress report hearing due to applicant's non-appearance. The matter was passed over in first round and called again with no representation

Regulation And Legal

NCLT Ahmedabad Lists Sunshine Hi-Tech Infracon Recall Application

NCLT Ahmedabad hears an application seeking recall of its 15 April 2025 order in a Sunshine Hi-Tech Infracon insolvency matter. The liquidator filed a reply to the application, and the applicant waive