Authority: National Company Law Tribunal Division Bench-I, Chennai
Order Date: 15 July 2026
Case Overview
The National Company Law Tribunal (NCLT) Chennai heard matters related to Company Application Number C.A.(CAA)/77(CHE)2025 and Company Petition Number C.P.(CAA)/8(CHE)2026 filed by Guwahati Leap Agri Logistics Pvt Ltd. under Sections 230-232 of the Companies Act, 2013, which pertain to schemes of arrangement and compromise. The hearing was conducted through video conferencing before a bench comprising Hon'ble Shri Sanjiv Jain (Member Judicial) and Hon'ble Shri Venkataraman Subramaniam (Member Technical).
Representation included Shri Pawan Jhabakh for the petitioner company, Shri Avinash Krishnan Ravi for the Registrar of Companies (RD), Shri Raj Jhabakh for the Income Tax Department, and the Assistant Official Liquidator in person.
The Registrar's counsel requested additional time to file their report, which was granted with a strict one-day deadline and instructions to the registry not to accept any late filings. The petitioner's counsel indicated they needed time to respond to queries raised by the Official Liquidator and was granted one week for this purpose. The Income Tax Department's report was already on record with the tribunal.
Final Outcome
The tribunal adjourned the matter and scheduled the next hearing for 19 August 2026. The Registrar was directed to file their report within one day (by 16 July 2026), and the petitioner was given one week to file their response to the Official Liquidator's queries. This is a procedural order that maintains the status quo while allowing for necessary documentation to be completed.
Topics: NCLT Proceeding, Corporate Restructuring, Scheme of Arrangement