Authority: National Company Law Tribunal, Division Bench (Court-I), Chennai
Order Date: 18 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Chennai heard an insolvency petition filed by RDC Concrete (India) Ltd against SSS Hi-Tech Constructions Pvt Ltd under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC). The petition appears to involve a claim of operational debt based on outstanding invoices. During the hearing, the respondent's counsel raised a procedural objection regarding incomplete documentation, specifically stating that "complete set of invoices have not been provided" by the petitioner.
The petitioner's counsel, Shri Ricab Chand, undertook to provide the complete set of invoices within two days from the hearing date. The tribunal noted this undertaking and established a timeline for further proceedings.
Final Outcome
The NCLT granted two weeks to the respondent (SSS Hi-Tech Constructions) to file their reply to the petition, with the stipulation that failure to meet this deadline would result in the reply not being taken on record. The petitioner was given one week after receipt of the reply to file any rejoinder. The matter was adjourned and listed for next hearing on 28 July 2026.
Topics: Insolvency Proceedings, Construction Sector, Operational Debt