Authority: National Company Law Tribunal, Division Bench–I, Chennai

Order Date: June 30, 2026

Case Overview

The hearing concerned main petition CP(IB)/108(CHE)/2022 and application IA(IBC)DIS./17(CHE)/2026 in the matter of Piramal Capital & Housing Finance Ltd versus Dafodil Shelters Pvt. Ltd. The case appears to be a corporate insolvency/liquidation proceeding. During the hearing held via video conferencing, Shri. NP Vijay Kumar represented the Liquidator while Shri. Pawan Jhabakh represented the erstwhile promoter. The arguing counsel for the erstwhile promoter was stated to be unavailable, leading to a request for adjournment.

Final Outcome

The bench consisting of Hon'ble Shri. Sanjiv Jain (Member Judicial) and Hon'ble Shri. Venkataraman Subramaniam (Member Technical) granted the adjournment and listed the application for next hearing on July 9, 2026.

Topics: NCLT Proceedings, Corporate Insolvency, Hearing Adjournment