Authority: National Company Law Tribunal, Division Bench-I, Chennai
Order Date: 14 July 2026
Case Overview
The National Company Law Tribunal (NCLT) Chennai Division Bench-I heard multiple interlocutory applications related to main petition CP/193/IB/2018, which involves IJM Concrete Products Pvt. Ltd. as the applicant and P Dot G Constructions Pvt. Ltd. as the respondent. The matter represents an ongoing corporate insolvency resolution process between the two construction companies. The hearing was conducted through video conferencing with representation from multiple counsel representing various parties including the Income Tax Department. The bench noted that the counsel for the applicant was unwell, necessitating an adjournment.
Final Outcome
The Tribunal adjourned the hearing and rescheduled the applications. Most applications were listed for next hearing on 10 September 2026, while two specific applications (IA/864/2021 & IA/1539/2024) were directed to be listed on an earlier date of 31 July 2026. The order was signed by both members of the bench: Hon'ble Shri. Sanjiv Jain, Member (Judicial) and Hon'ble Shri. Venkataraman Subramaniam, Member (Technical).
Topics: Insolvency Proceeding, Legal Adjournment, Construction Sector