Authority: National Company Law Tribunal, Division Bench - Court II, Chennai
Order Date: 09 June 2026
Case Overview
The National Company Law Tribunal (NCLT), Chennai Bench heard an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petition, numbered CP(IBC)/134(CHE)2024, was filed by an operational creditor named Indira against the corporate debtor Invreco Pvt Ltd. During the hearing held via video conferencing, the respondent's counsel (Mr. S. Rajesh) sought additional time to file information relevant to the case.
Final Outcome
The bench, comprising Member (Judicial) Shri. Jyoti Kumar Tripathi and Member (Technical) Shri. Ravichandran Ramasamy, granted a one-week extension to the respondent to file the required information. The petition has been adjourned and is now listed for next hearing on 30 June 2026.
Topics: Insolvency Proceedings, Corporate Debtor, Operational Creditor