NCLT Adjourns ELB Learning Insolvency Hearing

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

Order Date: 10th June 2026

Case Overview

The hearing concerned Company Petition No. CP(CAA)/1(CHE)/2026, an insolvency petition filed against ELB Learning India Pvt Ltd under Sections 230-232 of the Companies Act, 2013. The petition involves a scheme of arrangement or compromise. The petitioner is ELB Learning India Pvt Ltd itself. Representatives were present for the petitioner, the Resolution Professional (RD), and the Income Tax Department.

Final Outcome

The Tribunal granted a final opportunity of two weeks to the Resolution Professional (RD) to file a report. It was noted that the Income Tax Department had already filed its report via memo SR. No. 2087 dated 12th May 2026. Any responses to these reports are to be filed within one week after the RD's report is submitted. The petition was adjourned and listed for its next hearing on 8th July 2026.

Topics: Insolvency Proceeding, NCLT Hearing