The National Company Law Tribunal (NCLT), Ahmedabad Bench, has officially initiated the Corporate Insolvency Resolution Process (CIRP) for Gujarat Toolroom Limited. The order, dated September 30, 2026, follows a petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. Mr. Iqbal Singh Gandhi has been appointed as the Interim Resolution Professional (IRP) to oversee the process.
NCLT Orders CIRP for Gujarat Toolroom Limited
In a significant development, the National Company Law Tribunal (NCLT), Ahmedabad Division Bench, has passed an order to initiate the Corporate Insolvency Resolution Process (CIRP) for Gujarat Toolroom Limited, the Corporate Debtor. This order was issued on September 30, 2026, following the…