Authority: National Company Law Tribunal, Division Bench, Court – II, Chennai

Order Date: June 16, 2026

Case Overview

This proceeding concerns an insolvency petition filed by Vinyogaa Distribution Services Ltd (Petitioner) against Asia Coke Pvt Ltd (Respondent). The petition was registered as CP/IBC/98/CHE/2025 and was filed under Section 7, Rule 4 of the Insolvency and Bankruptcy Code (IBC), 2016. The hearing was held via video conferencing at 10:30 A.M. on June 16, 2026, before a bench comprising Shri. Jyoti Kumar Tripathi, Hon'ble Member (Judicial) and Shri. Ravichandran Ramasamy, Hon'ble Member (Technical). Learned Counsel Ms. Sangamithra Loganathan was present for the Petitioner.

Final Outcome

The Tribunal ordered the deletion of the petition (CP/IBC/98/CHE/2025) from its cause list. This action was taken because the case had been reassigned to a special bench pursuant to an order from the Principal Bench dated February 6, 2026. The order does not adjudicate the merits of the insolvency petition itself but is a procedural directive for its transfer.

Topics: Insolvency Proceeding, NCLT, Corporate Debt