Authority: National Company Law Tribunal, Division Bench-I, Chennai
Order Date: 14 July 2026
Case Overview
This order pertains to an application filed in the ongoing corporate insolvency resolution process of Premier Global Logistics Ltd. against GPR Resources Pvt. Ltd. (Main Petition Number: C.P. (IB)/582(CHE)2020). The specific application (IA(I.B.C)/1163(CHE)2026) sought to amend the cause title by substituting the details of the liquidator. The erstwhile liquidator, Ms. Usha Gayathri Kavi, was to be replaced by Shri R. Raghavendran as the new liquidator in the matter.
The learned counsel for the applicant/liquidator, Ms. Deepa Mariappan, presented the case before the bench comprising Hon'ble Shri Sanjiv Jain (Member Judicial) and Hon'ble Shri Venkataraman Subramaniam (Member Technical). She submitted that the Hon'ble National Company Law Appellate Tribunal (NCLAT) had previously directed that State Bank of India be heard in application IA/2369/2023, which is scheduled for hearing on 20 July 2026.
Final Outcome
The NCLT Chennai bench allowed the application for amendment of the cause title, officially substituting Shri R. Raghavendran in place of the erstwhile liquidator Ms. Usha Gayathri Kavi. Additionally, the tribunal directed the impleading of State Bank of India as a respondent in application IA/2369/2023, in compliance with the NCLAT's earlier directive. The order requires that an amended application be filed and advance notice be served on State Bank of India before the next hearing date of 20 July 2026. The application was disposed of with these directions.
Topics: Insolvency Proceedings, Liquidator Change, Banking Tribunal Matter