Authority: National Company Law Tribunal, Division Bench (Court-I), Chennai
Order Date: 07 July 2026
Case Overview
The National Company Law Tribunal (NCLT) Chennai heard matters related to Phoenix ARC Pvt Ltd's petition against Smt. Tikkavarapu Radhika. The main petition is numbered CP(IB)/203(CHE)2022, with an interim application numbered IA(IBC)/275(CHE)2024. The hearing was conducted via video conferencing on 07 July 2026. Only the petitioner's counsel, Ms. Aishwarya, was present during the hearing. The respondents were not represented.
Final Outcome
The NCLT bench comprising Member (Judicial) Shri Sanjiv Jain and Member (Technical) Shri Venkataraman Subramaniam ordered the matter to be adjourned to 16 July 2026 for physical hearing. The case will be heard along with two other connected petitions: CP/28/2022 and CP/71/2022. No substantive decisions or rulings were made in this hearing order.
Topics: NCLT Proceedings, Insolvency Matter, Hearing Adjournment