Authority: National Company Law Tribunal Division Bench, Court – II Chennai
Order Date: 16 June 2026
Case Overview
The National Company Law Tribunal (NCLT), Chennai Bench, comprising Judicial Member Shri. Jyoti Kumar Tripathi and Technical Member Shri. Ravichandran Ramasamy, heard Application Number IA(I.B.C)/983(CHE)2026. The application was filed by St John Lines PTE Ltd (Applicant) under Rule 11 of the National Company Law Tribunal Rules, 2016, against respondent R.Venkatakrishnan. The application arises from Petition Number CP(IBC)/759/CHE/2018. Counsel Mr. Pawan Jhabakh represented the applicant, while Counsel Mr.T.K.Bhaskar appeared for the respondent. The hearing was conducted via video conferencing at 10:30 AM.
Final Outcome
The Tribunal issued procedural directions, ordering the applicant to serve a copy of the application on the respondent and file an affidavit of service. The respondent was granted two weeks to file a reply to the application. Should a reply be filed, the applicant may file a rejoinder within one week thereafter. The matter was adjourned and listed for next hearing on 30 July 2026.
Topics: NCLT Proceeding, Insolvency Matter, Legal Procedure