Authority: National Company Law Tribunal Kochi Bench (Shri Vinay Goel, Member (Judicial) and Shri Ravichandran Ramasamy, Member (Technical))
Order Date: 30 June 2026
Case Overview
This order pertains to Execution Petition/1/KOB/2025, which arises from CP/18/KOB/2020. The petition involves petitioners Muhammed Abdul Jabbar Arackal and 3 Others versus respondents Delta Finster Limited and 4 Others. The petitioners were represented by Advocate Ms. Siji Abraham and CS Yogindunath. The respondents were represented by Advocates Mr. Sandeep Kumar Ambalavanan (for R1 & R3 to R5) and Mr. Maya H Jain (for R2). During the proceedings, counsel for the respondents submitted that they had already complied with the tribunal's earlier order and deposited the cost as directed. Counsel for Respondents 1 and 3 to 5 (Mr. Sandeep Kumar Ambalavanan) sought an adjournment on account of personal exigencies relating to his marriage.
Final Outcome
The NCLT Kochi Bench granted the request for adjournment. The case has been adjourned to 10 August 2026 for further proceedings.
Topics: NCLT Proceedings, Execution Petition