Authority: National Company Law Tribunal Kochi Bench (Shri Vinay Goel, Member (Judicial) and Shri Ravichandran Ramasamy, Member (Technical))
Order Date: 11 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Kochi Bench heard multiple Interlocutory Applications (IAs) in the ongoing liquidation proceedings of MIR Realtors Pvt Ltd (IBA/11/KOB/2020). The applications were filed under Section 66(1)(2) and 60(5)(C) of the Insolvency and Bankruptcy Code (IBC) read with Regulation 35(A) of the IBBI. The main petition involves Liquidator Annie Abraham of MIR Realtors Pvt Ltd versus Arun Kumar Karerat & 3 Others.
Multiple IAs were listed for hearing, including IA(IBC)/377/KOB/2022, IA(IBC)/181/KOB/2025, IA(IBC)/314/KOB/2025, IA(IBC)/318/KOB/2025, and several others through IA(IBC)/500/KOB/2025. The tribunal noted appearances of legal counsels representing various parties: A. Kevin Thomas and Nidhi Sam John for the Liquidator; K S R & Co. for respondents in IA/377; Ms. Arya A R for applicants in IA/181; Mr. Anil Abey for R2 in multiple applications; Mr. Akhil Suresh for R3-R6 in various applications; and Mr. Nipun Singhvi for applicants in multiple IAs.
Final Outcome
The tribunal adjourned all applications to dates in late June 2026. Specifically:
- IA(IBC)/377/KOB/2022 adjourned to 29.06.2026 after respondent's counsel partly argued for over thirty minutes and sought adjournment for remaining arguments
- All other applications (IA/181, IA/314, IA/318, IA/348-354, IA/417, IA/432, IA/453, IA/458-459, IA/465, IA/470, IA/472, IA/474, IA/500, IA/502, IA/18/KOB/2026, IA/107/KOB/2026, IA/364/KOB/2023, and IA/403/KOB/2023) adjourned to 30.06.2026
The tribunal directed respondents to file their replies within five days (if not already filed) and applicants to file rejoinders (if any) within five days with copy to the other side to complete pleadings.
Topics: Corporate Insolvency, Liquidation Proceedings, NCLT Adjournment