Authority: National Company Law Tribunal, Division Bench-I, Chennai
Order Date: 13.07.2026
Case Overview
The application was filed by the Liquidator of APL Apollo Tubes Ltd. seeking extension of the liquidation timeline up to 30.06.2026 in the matter against SAS Autocom Engineers India Pvt. Ltd. (Main Petition Number: C.P. (IB)/567(CHE)2018). The Tribunal noted that the liquidation timeline has already lapsed. The bench observed that another application seeking condonation of delay of 427 days in filing the dissolution application is listed for hearing on 20.07.2026.
Final Outcome
The NCLT Chennai bench adjourned the hearing of the liquidation timeline extension application to 20.07.2026, to be heard along with the related application for condonation of delay.
Topics: Insolvency Proceedings, Liquidation Timeline, NCLT Adjournment