Authority: National Company Law Tribunal, Division Bench (Court–I), Chennai
Order Date: 29 June 2026
Case Overview
The National Company Law Tribunal (NCLT), Chennai Division Bench heard matters related to CP(IB)/88(CHE)/2025, an insolvency petition filed by Bizotic Commercial Ltd against Srestha Finvest Ltd. The bench comprised Hon'ble Shri Sanjiv Jain (Member Judicial) and Hon'ble Shri Venkataraman Subramaniam (Member Technical). The hearing was conducted through video conference. A new application numbered IA(IBC)/1068/CHE/2026 was also before the tribunal. There was no representation from the applicant during this hearing.
Final Outcome
The tribunal adjourned the matter and listed the new application IA(IBC)/1068/CHE/2026 for hearing on 11 August 2026. The bench directed that notice be issued to the respondent for the next hearing date.
Topics: Insolvency Proceedings, NCLT Hearing, Corporate Litigation