Authority: National Company Law Tribunal (NCLT), Division Bench (Court–I), Chennai
Order Date: 18 June 2026
Case Overview
The hearing pertained to petition number CP(IBC)/318(CHE)/2025, filed under Section 9, Rule 6 of the Insolvency and Bankruptcy Code (IBC), 2016. The operational creditor, ESPN Constructions, was the petitioner. The corporate debtor was Everrenew Energy Pvt Ltd. The tribunal noted that the Corporate Debtor, Everrenew Energy Pvt Ltd, had already been admitted to the Corporate Insolvency Resolution Process (CIRP) in a separate petition, CP/140/2025, via an order also dated 18.06.2026. Shri. S. Kangayan had been appointed as the Interim Resolution Professional (IRP) for that process.
Final Outcome
The bench, comprising Member (Judicial) Shri. Sanjiv Jain and Member (Technical) Shri. Venkataraman Subramaniam, disposed of the matter. It granted liberty to the petitioner, ESPN Constructions, to file its claim with the IRP of the Corporate Debtor. Furthermore, the order stipulated that if the parties involved in petition CP/140/2025 were to enter into a settlement and that petition was consequently withdrawn, ESPN Constructions would be at liberty to revive the present petition (CP/318/2025). The file was consigned to records.
Topics: Insolvency, NCLT, Corporate Debtor