Authority: National Company Law Tribunal Kochi Bench
Order Date: 11 June 2026
Case Overview
The application was filed by M/S SPP Insolvency Professionals LLP, acting as the Liquidator for M/S Kanjiravelil Traders Private Limited (Corporate Debtor). The application was registered as IA(IBC)/258/KOB/2026 in CP(IB)/22/KOB/2025 and was filed under Section 60(5) of the Insolvency and Bankruptcy Code (IBC) read with Regulation 13 of the IBBI (Liquidation Process) Regulations, 2016 and Rule 11 of the NCLT Rules. The sole relief sought by the Liquidator was for the Adjudicating Authority to take the preliminary report of the Corporate Debtor on record as mandated by the regulations.
Final Outcome
The hearing was adjourned to 22 June 2026. The adjournment was granted at the request of the Liquidator's counsel, Mr. A G Sathyanarayana, who appeared virtually and sought time to obtain instructions from his client. No other orders were passed.
Topics: Insolvency, NCLT Proceeding, Liquidation Process