Authority: National Company Law Tribunal, Division Bench–I, Chennai
Order Date: 13 July 2026
Case Overview
This common order pertains to a hearing in the main petition TCP/189/2016, titled P.Sengodan & 2 Others Vs Cenney Hotels Pvt. Ltd. & 2 Others. The hearing was conducted via video conferencing. The respondents had already e-filed their objections to a valuation report presented in the case. During the hearing, the petitioners' counsel requested time to file their own objections to the same valuation report.
Final Outcome
The tribunal, comprising Member (Judicial) Sanjiv Jain and Member (Technical) Venkataraman Subramaniam, granted the petitioners two weeks to file their objections to the valuation report. All pleadings in the main petition and its connected applications (Cont.A/03/2019, IA/250/2019, IA/260/2019, IA(CA)/85/CHE/2026) were noted to be complete. The case has been adjourned and listed for a final physical hearing on 06 August 2026 at 2:30 P.M., where all petitions, applications, and the objections to the valuation report will be heard.
Topics: NCLT Proceeding, Corporate Dispute, Valuation Report