Authority: National Company Law Tribunal, Division Bench, Court – II, Chennai
Order Date: 16 June 2026
Case Overview
The National Company Law Tribunal (NCLT), Chennai Bench, heard an interlocutory application IA(IBC)/2297(CHE)2023 filed by Motapa Thimmarayasamy, described as being from Bhatia Coke & Energy Ltd. The application was filed against respondents Aqua Terra Coke & Energy Ltd & Anr. The legal basis for the application is Section 60(5) of the Insolvency and Bankruptcy Code (IBC), 2016, and Rule 11 of the NCLT Rules, 2016. The matter originates from a main petition numbered IBA/307/2019. During the hearing, counsel for the respondent sought an adjournment on the grounds that their arguing counsel was unavailable.
Final Outcome
The bench, comprising Member (Judicial) Shri Jyoti Kumar Tripathi and Member (Technical) Shri Ravichandran Ramasamy, granted the adjournment. The application has been listed for a physical hearing on 24 July 2026. No substantive orders or decisions on the merits of the case were issued in this hearing.
Topics: Insolvency Proceeding, NCLT Hearing, Adjournment