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 insolvency petition filed by financial creditor Jubilant Capital against corporate debtor Kings Plavil LLP. The petition was registered as CP (IB)/304(CHE)2025 and was filed under Section 7, Rule 4 of the Insolvency and Bankruptcy Code (IBC), 2016. The petitioner was represented by learned counsel Mr. A. Vikash. The bench noted that the pleadings in the matter were complete.
Final Outcome
The bench, comprising Member (Judicial) Shri Jyoti Kumar Tripathi and Member (Technical) Shri Ravichandran Ramasamy, adjourned the hearing. The petition was listed for its next hearing on 06 July 2026. No further directions or observations were recorded in this order.
Topics: Insolvency Petition, NCLT Proceeding, Corporate Debtor