Authority: National Company Law Tribunal Kochi Bench
Order Date: 01 July 2026
Case Overview
The National Company Law Tribunal (NCLT) Kochi Bench was hearing matter TMA/42/KOB/19, which is part of a remanded case (MA/450/IB/2018(CB) in CP/689/IB/2017/(C.B.)). The petition was filed under Sections 43(1) and 66 of the Insolvency and Bankruptcy Code (IBC). The parties involved are Ravindra Beleyur (the erstwhile Resolution Professional for Merchem Ltd.) as the petitioner, and Merchem Ltd along with three other respondents. The petitioner was represented by Ms. Samyuktha, while the respondents were represented by advocates Ravi Rajagopalan and Sr Raghunathan.
Final Outcome
The hearing could not proceed due to a technical glitch in the hybrid court system that prevented the virtual hearing from being enabled. Consequently, the NCLT Bench, through Deputy Registrar Mohith S, adjourned the case. The next hearing is scheduled for July 22, 2026.
Topics: Insolvency Proceedings, NCLT Hearing, Technical Adjournment