Authority: National Company Law Tribunal, Division Bench (Court-I), Chennai
Order Date: 12 June 2026
Case Overview
The National Company Law Tribunal (NCLT), Chennai bench comprising Hon'ble Shri Sanjiv Jain (Member Judicial) and Hon'ble Shri Venkataraman Subramaniam (Member Technical) heard matters related to CP/161(CHE)/2021, an insolvency petition filed by R Geetha & Others against M/s ARRS Megamall Pvt Ltd & Others. The specific application being heard was MA/26(CHE)/2022. Multiple legal counsels were present representing different parties: Mr. Velusai for the Petitioner, Mr. R.Vidhyashankar for Respondents R2 and R3, and Mr. Jaiaditya for Respondents R4, R5, and R6. The respondents had e-filed a list of dates and events along with case laws, which the registry was directed to accept in hard copy format.
Final Outcome
The Tribunal adjourned the matter and listed the application for arguments on behalf of the Respondents on 29 July 2026. This hearing is scheduled as "top of the list" and will be conducted through physical hearing. The Petitioner was directed to file a written synopsis. The order was signed by both members of the bench.
Topics: NCLT Proceedings, Corporate Insolvency, Real Estate