Authority: National Company Law Tribunal, Division Bench–I, Chennai
Order Date: 17 June 2026
Case Overview
The National Company Law Tribunal (NCLT), Chennai Division Bench-I, comprising Hon'ble Shri. Sanjiv Jain (Member Judicial) and Hon'ble Shri. Venkataraman Subramaniam (Member Technical), conducted a hearing through video conferencing regarding three interlocutory applications in the matter of Gem Suppliers versus EAP Infrastructure Pvt. Ltd. The main petition is registered as IBA/1064/2019. The specific applications heard were IA(IBC)/795(CHE)/2022, IA(IBC)/855(CHE)/2022, and IA(IBC)/898(CHE)/2022. Representation included Shri. Bhagavath Krishnan for the Applicant/Liquidator of EAP Infrastructure Pvt. Ltd., Ms. Varsha Jain for the Resolution Professional (RP) of Amar Prakaash Developers Pvt. Ltd. along with the RP, and Shri. Pawan Jhabakh for the promoter directors. The purpose of the hearing was to address clarifications sought regarding these applications.
Final Outcome
The Bench reserved its order on the matters presented during the hearing. No immediate directions or rulings were issued at the conclusion of the session.
Topics: NCLT Proceedings, Corporate Insolvency, Interlocutory Applications