Authority: National Company Law Tribunal (NCLT), Division Bench–I, Chennai
Order Date: 16 June 2026
Case Overview
This Common Order from the NCLT Chennai deals with two Interlocutory Applications (IAs) filed in the main insolvency petition CP/1156/IB/2018, titled Jaya Mangai Transport Vs. Ra-ni Precast Pvt. Ltd. The matter involves the corporate insolvency resolution process of Ra-ni Precast Pvt. Ltd. The bench comprised Hon'ble Shri. Sanjiv Jain, Member (Judicial) and Hon'ble Shri. Venkataraman Subramaniam, Member (Technical).
Final Outcome
The tribunal issued procedural directions for both applications:
- For IA(IBC)/1638/CHE/2024: The application was listed for 'clarifications' on 29 June 2026. The respondent (R2) was not present and was noted as having nothing further to say.
- For IA(IBC)/627(CHE)/2026: The respondent (R1) was granted one week to file a reply. The Liquidator had already e-filed a reply, and the Registry was directed to accept its hard copy. This application was also listed for 'reply / hearing' on 29 June 2026.
The final rulings on the substantive issues raised in these applications were deferred to the next hearing date.
Topics: NCLT, Insolvency, Liquidation