Authority: National Company Law Tribunal, Division Bench-I, Chennai
Order Date: 22 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Chennai heard multiple interlocutory applications related to the corporate insolvency resolution process of Orion Water Treatment Pvt. Ltd. (Main Petition Number: CP(IBC)/263/CHE/2022). The hearing was conducted through video conferencing before a bench comprising Hon'ble Shri. Sanjiv Jain (Member Judicial) and Hon'ble Shri. Venkataraman Subramaniam (Member Technical).
Five specific applications were addressed: IA(IBC)/1589(CHE)/2025, IA(IBC)/1467(CHE)/2025, IA(IBC)/1468(CHE)/2025, IA(IBC)/1544(CHE)2025, and IA(IBC)/1614(CHE)2025. Shri. Avinash Krishnan Ravi appeared as learned counsel for the Applicant/Liquidator, while Ms. Rithika appeared as learned counsel for the Respondents. A rejoinder had been e-filed in the proceedings.
Final Outcome
The tribunal adjourned the matter and listed all applications for further hearing on 11 August 2026. The registry was directed to accept the hard copy of documents and to correct the name of the counsel in application IA(IBC)/1468(CHE)/2025. The order was signed by both members of the bench.
Topics: Insolvency Proceedings, NCLT Hearing, Corporate Law