Authority: National Company Law Tribunal (NCLT), Amaravati Bench
Order Date: 22 June 2026
Case Overview
This is an interlocutory application (IA (IBC)/177/2026) filed within the main insolvency petition (CP (IB)/30/7/AMR/2021) for which liquidation has already been approved. The application pertains to the Corporate Debtor, Ethnic Tobacco (India) Ltd, and the Financial Creditor, State Bank of India. The matter was heard by a bench comprising Judicial Member Shri Kishore Vemulapalli and Technical Member Shri Umesh Kumar Shukla. The Liquidator, Mr. Kasi Srinivas, appeared via video conference and submitted that a previous order from this Adjudicating Authority, dated 03.06.2026, had not yet been complied with. He informed the bench that a meeting of the Stakeholders' Consultation Committee (SCC) is scheduled for 23.06.2026 to deliberate and decide on the compliance with the directions issued.
Final Outcome
The Adjudicating Authority granted the Liquidator's request for a ten-day extension to achieve compliance with the order dated 03.06.2026. The matter was adjourned and is next listed for hearing on 07.07.2026.
Topics: Insolvency Proceeding, Liquidation, NCLT Order