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

Order Date: June 30, 2026

Case Overview

The hearing pertains to an interlocutory application (IA(IBC)(DIS.)/25(CHE)/2025) within the main corporate insolvency resolution process filed by Piramal Capital & Housing Finance Ltd. against Jeffson Universal Logistics Pvt. Ltd. (Case No. CP(IBC)/122/CHE/2022). The matter was heard through video conferencing before a bench comprising Hon'ble Shri. Sanjiv Jain (Member Judicial) and Hon'ble Shri. Venkataraman Subramaniam (Member Technical).

Final Outcome

The Tribunal adjourned the hearing to July 9, 2026. The adjournment was requested as the arguing counsel for the erstwhile promoter was stated to be unavailable. Counsel for the liquidator (Shri. NP Vijay Kumar) and counsel for the erstwhile promoter (Shri. Pawan Jhabakh) were present during the hearing.

Topics: Insolvency Proceeding, NCLT Hearing, Adjournment