Maruvoor Arasi Agrofarm NCLT Hearing Adjourned

Authority: National Company Law Tribunal, Division Bench (Court-I), Chennai

Order Date: 10 June 2026

Case Overview

The National Company Law Tribunal (NCLT) Chennai heard application CA(CAA)/69(CHE)/2025 in petition CP(CAA)/12(CHE)/2026 involving Maruvoor Arasi Agrofarm Pvt Ltd. The petition was filed under Sections 230-232 of the Companies Act, 2013, which deal with compromise/arrangements with creditors and members. Representatives were present for the petitioner (Mr. Pawan Jhabakh), the Resolution Professional (Mr. Avinash Krishnan Ravi), and the Income Tax Department (Mr. Rajkumar Jhabakh).

Final Outcome

The NCLT granted a final extension of two weeks to the Resolution Professional to file their report and similarly granted two weeks to the Income Tax Department to file their report. Copies are to be served fresh on the counsels' emails. Responses to these reports must be filed within one week after their submission. The matter has been adjourned and is next listed for hearing on 08 July 2026.

Topics: NCLT Proceeding, Corporate Arrangement, Regulatory Compliance