Authority: National Company Law Tribunal (NCLT) Kochi Bench
Order Date: 14 July 2026
Case Overview
The application was filed by the Liquidator, Mr. Vinod Balachandran, in the matter of M/s Albanna Engineering (India) Pvt Ltd (under liquidation). The Liquidator sought relief to accept the 19th Progress Report for the quarter ending June 2026 on record, as required under Regulation 15 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016. The application was registered as IA(IBC)(LIQ.)PROGRESS REPORT/62/KOB/2026 in IBA/38/KOB/2019. The Liquidator was represented by advocates K B Arunkumar and Pooja KS, and he appeared in person through virtual mode during the proceedings.
Final Outcome
The NCLT Bench, comprising Member (Judicial) Shri Vinay Goel and Member (Technical) Shri Ravichandran Ramasamy, allowed the application. The 19th Progress Report (Annexure A-1) was taken on record. The tribunal explicitly clarified that this acceptance should not be construed as an expression of opinion on the merits of any averments, claims, or contentions within the report, nor does it amount to their acceptance or adjudication. The application was disposed of as allowed.
Topics: Corporate Insolvency, Liquidation Process, NCLT Proceeding