Authority: National Company Law Tribunal, Division Bench–I, Chennai
Order Date: 29 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Chennai heard a procedural application in the ongoing matter between Udhayam Investments Pvt. Ltd. (Applicant) and Tiffin Barytes Asbestos & Paints Ltd. (Respondent). The main petition is registered as CP(IBC)/39/CHE/2018. The specific application heard was a newly filed application numbered IA(IBC)/1044/CHE/2026. The application sought to take on record the reply affidavit of Respondent No.2, to be marked as Annexure-A1 in the existing application MA/550/2019.
Final Outcome
The bench, comprising Member (Judicial) Shri Sanjiv Jain and Member (Technical) Shri Venkataraman Subramaniam, adjourned the hearing of the application to 04 August 2026. The applicant was directed to serve a copy of the application on the respondent to enable them to prepare a response for the next hearing.
Topics: NCLT Proceeding, Corporate Legal Dispute, Insolvency Code