Authority: National Company Law Tribunal Division Bench-I, Chennai
Order Date: 16 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Chennai Division Bench-I heard arguments in matter TCP/166(CHE)/2016 between petitioner C Subramaniam and respondent Mehala Carona Textiles Pvt. Ltd. The case appears to be a corporate insolvency proceeding filed in 2016. The hearing was conducted through video conferencing before Hon'ble Shri. Sanjiv Jain (Member Judicial) and Hon'ble Shri. Venkataraman Subramaniam (Member Technical).
During the hearing, the petitioner's counsel Shri. R. Vidhya Shankar sought and was granted one week's time to file dates & events along with a brief synopsis. The respondent's counsel Shri. Sandeep Kumar Ambalavanan submitted that the respondent company had already filed their synopsis. Arguments were partly heard during this session.
Final Outcome
The tribunal adjourned the matter and listed the petition for further arguments on 08 July 2026, which will be conducted as a physical hearing. No substantive decisions on the merits of the case were made in this order, which primarily addresses procedural scheduling.
Topics: Corporate Insolvency, NCLT Proceedings