Authority: National Company Law Tribunal, Division Bench-I, Chennai
Order Date: 13 July 2026
Case Overview
The matter involves a petition (TCP/133/2016) filed by S Venkatesh & Another against Cenney Hotels Pvt. Ltd. & 2 Others. The hearing addressed multiple interlocutory applications including IA/133(CHE)/2023, IA/258/2018, and IA(CA)/86/CHE/2026. The petitioners have already filed their objections to the valuation report electronically. The respondents requested time to file their own objections to the valuation report, which the tribunal granted.
Final Outcome
The NCLT bench comprising Member (Judicial) Sanjiv Jain and Member (Technical) Venkataraman Subramaniam directed that any objections from the respondents must be filed within two weeks. The tribunal noted that all pleadings in the petition and applications are now complete. The matter has been listed for final hearing, including consideration of all objections, on 06 August 2026 at 2:30 PM for physical hearing.
Topics: NCLT Proceedings, Valuation Dispute, Company Law