NCLT Chennai Adjourns Easun Reyrolle Insolvency Hearing

Authority: National Company Law Tribunal, Division Bench (Court–I), Chennai

Order Date: 12 June 2026

Case Overview

This order pertains to multiple interlocutory applications (IAs) within the main insolvency petition (IBA/1045 & 1169/2019) filed by Canara Bank against Easun Reyrolle Ltd. The hearing was conducted via video conference. The coram consisted of Hon'ble Shri Sanjiv Jain, Member (Judicial), and Hon'ble Shri Venkataraman Subramaniam, Member (Technical). The Judicial Member was in Ahmedabad to attend a Special Bench, making a physical hearing impossible.

For applications IA(IBC)/1730(CHE)2024, IA/1609(CHE)/2022, and IA/273/CHE/2021, learned counsel Mr. B. Dhanaraj appeared for the Liquidator, and learned counsel Mr. T.K. Bhaskar appeared for Respondents R1 and R2. The parties had filed written synopses.

For application IA(IBC)/1058(CHE)2025, there was no representation for the Applicant. Only learned counsel for the Liquidator, Mr. B. Dhanaraj, was present.

Final Outcome

The Tribunal adjourned all applications. The matters are now listed for a physical hearing on 10 August 2026 at 2:30 PM.

Topics: Insolvency Proceeding, NCLT Hearing, Adjournment