Authority: National Company Law Tribunal, Kochi Bench (Shri Vinay Goel, Member (Judicial) and Shri Ravichandran Ramasamy, Member (Technical))
Order Date: 23 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Kochi Bench heard two interlocutory applications (IA(IBC)/116/KOB/2026 and IA(IBC)/115/KOB/2026) filed within the larger insolvency proceedings of Axiomata Elevators Pvt Ltd (TIBA/34/KOB/2019). The applications were filed under Section 424(3) of the Companies Act and Rules 57 & 11 of the NCLT Rules. The petitioner in the matter is Renahan Vamakesan, serving as the Liquidator for Axiomata Elevators Pvt Ltd. The respondents are Anish Lawrence and another individual. Legal representation was present for both parties, with Advocates A Kevin Thomas and Nidhi Sam John appearing for the Applicant/Liquidator, and Advocates Ramola Nayanpally, Pranoy Harilal, and Parvathy Kottol appearing for the respondents.
Final Outcome
The NCLT Bench granted an adjournment for both interlocutory applications. The cases were postponed to 3rd July 2026, as requested by the parties involved. This is a procedural order that does not decide the merits of the applications but merely reschedules the hearing date.
Topics: Insolvency Proceeding, NCLT Hearing, Corporate Liquidation