Authority: National Company Law Tribunal Division Bench, Court – II Chennai
Order Date: 13 July 2026
Case Overview
The National Company Law Tribunal (NCLT), Chennai Bench heard an interlocutory application IA(I.B.C)/1161(CHE)2026 filed in the main company petition C.P. (IB)/140(CHE)2022. The application was filed under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 read with Rule 11 of the NCLT Rules, 2016. The parties involved are Noohu Sarfraz (Applicant) and Radhakrishnan Dharmarajan in his capacity as the Liquidator of Fossil Logistics Private Limited (Respondent). The hearing was conducted through video conferencing before a bench comprising Shri. Jyoti Kumar Tripathi, Member (Judicial) and Shri. Ravichandran Ramasamy, Member (Technical).
Final Outcome
The Tribunal adjourned the hearing and listed the application for next hearing on 27 August 2026. The Tribunal permitted the physical copy of the application to be filed and directed the Applicant to serve a copy of the application on the Respondent and file an affidavit of service. The Respondent was given two weeks to file their reply, and the Applicant was given one week thereafter to file a rejoinder, if any.
Topics: NCLT Proceedings, Corporate Insolvency, Hearing Adjournment