An appeal was filed by Vijaybhai Dhanjibhai Detroja, a shareholder and suspended director of M/s Sanford Vitrified Pvt. Ltd. (Corporate Debtor), against an NCLT order dated 31.08.2026 that admitted a Section 9 application filed by Vidres India Ceramics Private Limited (Operational Creditor) and initiated CIRP, appointing Chetan Patel as IRP. The Operational Creditor had claimed an operational debt of ₹2,26,40,900/-, of which ₹1,13,36,501/- was paid, leaving a balance of ₹1,13,04,399/-. During the pendency of the appeal, the parties entered into a Settlement Agreement on 12.09.2026 for the remaining amount.
Mr. Vijaybhai Dhanjibhai Detroja, a shareholder and suspended Director of M/s Sanford Vitrified Pvt. Ltd. (Corporate Debtor), filed an appeal under Section 61 of the IBC, 2016.
The appeal challenged an order dated 31.08.2026 passed by the NCLT, Ahmedabad Bench, which admitted a Section 9 application and initiated CIRP against the Corporate Debtor.
The Section 9 application was filed by Vidres India Ceramics Private Limited (Respondent No. 1), identified as the Operational Creditor.
Mr. Chetan Patel (Respondent No. 2) was appointed as the Interim Resolution Professional (IRP) for M/s Sanford Vitrified Pvt. Ltd.
Respondent No. 1 had claimed an operational debt of ₹2,26,40,900/- for unpaid bills from 18.09.2024 to 12.03.2025.
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An appeal was filed by Vijaybhai Dhanjibhai Detroja, a shareholder and suspended director of M/s Sanford Vitrified Pvt. Ltd. (Corporate Debtor), against an NCLT order dated 31.08.2026 that admitted a Section 9 application filed by Vidres India Ceramics Private Limited (Operational Creditor) and initiated CIRP, appointing Chetan Patel as IRP. The Operational Creditor had claimed an operational debt of ₹2,26,40,900/-, of which ₹1,13,36,501/- was paid, leaving a balance of ₹1,13,04,399/-. During the pendency of the appeal, the parties entered into a Settlement Agreement on 12.09.2026 for the remaining amount.
Mr. Vijaybhai Dhanjibhai Detroja, a shareholder and suspended Director of M/s Sanford Vitrified Pvt. Ltd. (Corporate Debtor), filed an appeal under Section 61 of the IBC, 2016.
The appeal challenged an order dated 31.08.2026 passed by the NCLT, Ahmedabad Bench, which admitted a Section 9 application and initiated CIRP against the Corporate Debtor.
The Section 9 application was filed by Vidres India Ceramics Private Limited (Respondent No. 1), identified as the Operational Creditor.
Mr. Chetan Patel (Respondent No. 2) was appointed as the Interim Resolution Professional (IRP) for M/s Sanford Vitrified Pvt. Ltd.
Respondent No. 1 had claimed an operational debt of ₹2,26,40,900/- for unpaid bills from 18.09.2024 to 12.03.2025.
…Start date for unpaid…
End date for unpaid…