NCLT Chennai Reserves Bava Erectors vs EDAC Engineering Order

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

Order Date: 09 June 2026

Case Overview

The National Company Law Tribunal (NCLT), Chennai Bench, comprising Hon'ble Member (Judicial) Shri. Jyoti Kumar Tripathi and Hon'ble Member (Technical) Shri. Ravichandran Ramasamy, heard Application Number CP(IB)/256(CHE)2024. The petition was filed by Bava Erectors (Petitioner) against EDAC Engineering Ltd (Respondent) under Section 9 Rule 6 of the Insolvency and Bankruptcy Code, 2016 (IBC). The hearing was conducted through physical mode on 09 June 2026 at 10:30 AM. Counsel Mr. Naveen Kumar Murthi represented the petitioner while Counsel Mr. Dev Eshwar represented the respondent.

Final Outcome

The Tribunal heard arguments from both parties and reserved its final order. Both parties were permitted to file written submissions including case laws within two weeks from the hearing date. The final order will be pronounced after considering these additional submissions.

Topics: Insolvency Proceeding, NCLT Hearing, Corporate Debt