Authority: National Company Law Tribunal, Division Bench, Court-II Chennai
Order Date: 06 July 2026
Case Overview
The Regional Provident Fund Commissioner has filed an application (IA(IBC)/1092/(CHE)/2026) against Regen Powertech Pvt Ltd under Section 60(5) of the Insolvency and Bankruptcy Code, 2016. The application arises from the main insolvency petition IBA/1099/2019. The matter concerns provident fund claims and their treatment within the corporate insolvency resolution process of Regen Powertech Pvt Ltd.
Final Outcome
The NCLT Chennai Bench adjourned the hearing to 18 August 2026. The tribunal issued procedural directions: (1) The applicant's counsel was directed to serve a copy of the application on the respondent and file an affidavit of service; (2) The respondent was given two weeks to file a reply and serve a copy on the applicant; (3) The applicant may file a rejoinder, if any, within one week after receiving the reply.
Topics: NCLT Proceedings, Corporate Insolvency, Provident Fund Claims