Authority: National Company Law Tribunal (NCLT), Ahmedabad Bench - Court 2
Order Date: June 16, 2026
Case Overview
This proceeding, registered as IA/1485(AHM)2025 in CP(IB) 120 of 2017, is an interlocutory application within a larger corporate insolvency resolution process initiated under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC). The main application is filed by TVS Interconnect Systems Pvt Ltd (Applicant) against ORG Informatics Ltd (Respondent). The matter was heard by a bench comprising Judicial Member Mrs. Chitra Hankare and Technical Member Dr. Velamur G Venkata Chalapathy. Representatives for the applicant, the respondent's liquidator, and the Income Tax Department were present. The tribunal noted that the Income Tax Department had not complied with an earlier order, with its counsel submitting that PAN details had not been received from the applicant.
Final Outcome
The NCLT issued two directives: 1) The counsel for the applicant (TVS Interconnect) is directed to file the PAN details with the Income Tax Department. 2) The counsel for the Income Tax Department is directed to file its reply to the application within one week of receiving the PAN details. The matter is now listed for further consideration on July 20, 2026.
Topics: Insolvency Proceeding, Tax Compliance, NCLT Directive