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 filed in an ongoing corporate insolvency matter. The application (IA(I.B.C)/726(CHE)2026) was filed by Cura Healthcare Private Limited & Anr against Tamil Nadu Power Distribution Corporation Limited & Anr. The matter arises from the main insolvency petition C.P. (IB)/1325(CHE)2019 and is filed under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 read with Rule 11 of NCLT Rules, 2016. The hearing was conducted through video conferencing with both parties represented by their respective counsel.
Final Outcome
The Tribunal adjourned the matter and scheduled the next hearing for 16 July 2026. The respondent (Tamil Nadu Power Distribution Corporation Limited) was directed to file their reply within two weeks from the order date. The applicant (Cura Healthcare Private Limited) was granted one week thereafter to file any rejoinder. The order was signed by both members of the bench: Shri Ravichandran Ramasamy (Member Technical) and Shri Jyoti Kumar Tripathi (Member Judicial).
Topics: NCLT Proceedings, Corporate Insolvency, Power Sector Dispute