Authority: National Company Law Tribunal, Division Bench (Court-I) Chennai
Order Date: 29 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Chennai Division Bench heard a procedural application in the matter between Jet Inks Pvt Ltd (Applicant) and Barrla Fets Pvt Ltd (Respondent). The application IA(IBC)/1072/CHE/2026 was filed by Jet Inks Pvt Ltd seeking condonation of delay of 83 days in filing the Counter Affidavit in the main insolvency petition CP(IBC)/43(CHE)/2026. The bench noted that no one appeared for the applicant during this hearing. The order dated 11.06.2026 had previously recorded that pleadings were complete in the main petition, with the matter listed for hearing on 17.08.2026.
Final Outcome
The Tribunal listed the delay condonation application IA(IBC)/1072/CHE/2026 for hearing on 17 August 2026, the same date scheduled for the main petition hearing. No decision on the merits of the delay condonation was made during this hearing.
Topics: Insolvency Proceedings, Legal Procedure