Authority: National Company Law Tribunal, Division Bench - II, Chennai
Order Date: 13 July 2026
Case Overview
The hearing concerned an application (IA(IBC)(PLAN)/4(CHE)2026) filed by Mr. Anish Agarwal in his capacity as the Resolution Professional (RP) for Harshitha Hospitals Private Limited. The application was made in the main petition numbered C.P. (IB)/278(CHE)2024 and was filed under Sections 30(6) and 31 of the Insolvency and Bankruptcy Code, 2016, read with Regulation 39(4) of the IBBI Regulations, 2016, and Rule 11 of the NCLT Rules, 2016. These sections pertain to the approval of a resolution plan by the adjudicating authority. The bench comprised Shri. Jyoti Kumar Tripathi, Member (Judicial), and Shri. Ravichandran Ramasamy, Member (Technical). Counsel for the Resolution Professional, Mr. Siddarth Makkar, and counsel for the Successful Resolution Applicant (SRA), Mr. N.P. Vijay Kumar, were present for the hearing conducted via video conferencing.
Final Outcome
The National Company Law Tribunal heard the arguments from the involved parties. The bench permitted the filing of hard copies of written submissions. Following the hearing, the tribunal reserved its order. A final decision on the approval of the resolution plan for Harshitha Hospitals Private Limited is pending.
Topics: Corporate Insolvency, Resolution Plan Approval