Authority: National Company Law Tribunal, Division Bench (Court–I), Chennai
Order Date: 10 June 2026
Case Overview
The hearing concerned Company Petition No. CP(CAA)/33(CHE)/2025 filed by Eppinger Consultancy Servicves Pvt Ltd and others under Sections 230-232 of the Companies Act, 2013, which govern schemes of arrangement and compromise. The matter was heard by a bench comprising Hon'ble Shri. Sanjiv Jain, Member (Judicial) and Hon'ble Shri Venkataraman Subramaniam, Member (Technical). Multiple parties were represented at the hearing: Mr. Sathyaganesh for the petitioner company, Mr. Rajkumar Jhabakh for the Income Tax Department, the Assistant Official Liquidator in person along with Mr. B. Palani, and Mr. Avinash Krishnan Ravi for the Resolution Professional (RD). The petitioner had e-filed a memo, and the registry was directed to accept its hard copy.
Final Outcome
The Tribunal adjourned the hearing and listed the petition for the next hearing on 24 June 2026. No substantive orders were passed on the merits of the scheme during this hearing.
Topics: NCLT Proceedings, Corporate Restructuring