Authority: National Company Law Tribunal, Division Bench (Court-I), Chennai
Order Date: 10 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Chennai Division Bench heard matters related to Company Petition CP(CAA)/8/CHE/2026 filed under Sections 230-232 of the Companies Act, 2013. The petition involves Guwahati Leap Agri Logistics Pvt Ltd as the petitioner. The hearing was conducted through video conference with representation from multiple parties: Mr. Pawan Jhabakh (PCS) for the petitioner, Mr. Rajkumar Jhabakh representing the Income Tax Department, and Mr. Avinash Krishnan Ravi representing the Resolution Professional. The Assistant Official Liquidator was also present in person along with Mr. B. Palani.
The tribunal noted that the Resolution Professional sought additional time to file necessary reports. The Income Tax Department had already submitted its report to the tribunal vide memo SR.No.1773 dated 21 April 2026. The Assistant Official Liquidator indicated that information from the petitioner company was still awaited to complete the final report.
Final Outcome
The NCLT granted a final extension of two weeks to the Resolution Professional to file the required report. The tribunal directed the petitioner company to provide the necessary information to the Assistant Official Liquidator to enable submission of the final report. Any responses to the filed reports must be submitted within one week after report submission. The matter has been adjourned and listed for next hearing on 15 July 2026. The order was signed by both members of the division bench: Hon'ble Shri. Venkataraman Subramaniam (Member Technical) and Hon'ble Shri. Sanjiv Jain (Member Judicial).
Topics: Corporate Insolvency, NCLT Proceedings, Regulatory Compliance