Authority: National Company Law Tribunal, Division Bench, Court – II, Chennai

Order Date: 09.06.2026

Case Overview

An application (IA(I.B.C)/866(CHE)2026) was filed by Anil Kumar Khicha, the Liquidator of JBM Homes Private Limited, under Section 60(5) of the Insolvency and Bankruptcy Code (IBC), 2016 read with Rule 11 of the NCLT Rules, 2016. The application sought the tribunal's permission to take on record two specific documents pertaining to the corporate debtor's ongoing project. The first was the audited receipts and payments account for the 'GST Grand' project for the period from 1st April 2026 to 30th April 2026. The second was the 31st Status Report on the progress of the same GST Grand Project for the identical period.

The bench, comprising Member (Judicial) Shri. Jyoti Kumar Tripathi and Member (Technical) Shri. Ravichandran Ramasamy, heard the matter via video conferencing. The applicant was represented by Learned Counsel Ms. Faizunisha.

Final Outcome

The tribunal allowed the application. The audited receipts and payments account and the 31st Status Report were taken on record by the NCLT, subject to all just exceptions. The Interlocutory Application (IA) was subsequently disposed of.

Topics: Insolvency Proceedings, Real Estate Project