Authority: National Company Law Tribunal (NCLT), Amaravati Bench
Order Date: 13 July 2026
Case Overview
This order deals with two Interlocutory Applications (IAs) arising from the main insolvency proceeding, CP (IB)/77/9/AMR/2021, against Blue Park Seafoods Private Limited (Corporate Debtor), initiated by M/s. Pattabhi Enterprises (Operational Creditor). A Resolution Plan for the Corporate Debtor was approved by the NCLT on 07 May 2024. The current IAs are:
- IA (IBC)/24/2025 in IA (IBC)/407/2023: This application involves the Employees' Provident Fund Organisation (EPFO) as the applicant, though it was not represented during this hearing. The Counsel for the Successful Resolution Applicant (SRA) appeared and informed the bench that they have filed a Civil Appeal before the Supreme Court challenging an order passed by the National Company Law Appellate Tribunal (NCLAT). This appeal is awaiting numbering.
- IA (IBC)/399/2023: There was no representation on behalf of the respondent in this application.
Final Outcome
The bench, comprising Member (Judicial) Shri Kishore Vemulapalli and Member (Technical) Shri Umesh Kumar Shukla, granted the SRA's request for a two-week adjournment in IA (IBC)/24/2025 to report the status of the Supreme Court appeal. Both applications, IA (IBC)/24/2025 and IA (IBC)/399/2023, were adjourned and listed for their next hearing on 14 August 2026 for further consideration. No substantive orders or rulings on the merits of the applications were passed.
Topics: Corporate Insolvency, Legal Adjournment