Authority: National Company Law Tribunal, Amaravati Bench
Order Date: 22.06.2026
Case Overview
This matter concerns an interlocutory application (IA (IBC)/178/2026) filed in the main insolvency petition CP (IB)/33/7/AMR/2021, where liquidation of IND TOB International Pvt Ltd has been approved. The application was heard by a bench comprising Member (Judicial) Shri Kishore Vemulapalli and Member (Technical) Shri Umesh Kumar Shukla. The liquidator, Mr. Kasi Srinivas, appeared via video conference and reported that the order dated 03.06.2026 had not yet been complied with. He informed the tribunal that a meeting of the Stakeholders' Consultation Committee (SCC) is scheduled for 23.06.2026 to decide on compliance with the directions issued by the adjudicating authority. Based on this submission, the liquidator sought a ten-day extension to comply with the previous order.
Final Outcome
The NCLT granted the requested ten-day extension to the liquidator for compliance with its order dated 03.06.2026. The matter has been adjourned and listed for next hearing on 07.07.2026.
Topics: Corporate Insolvency, Liquidation Proceedings