Authority: National Company Law Tribunal, Kochi Bench (Shri Vinay Goel, Member (Judicial) and Shri Ravichandran Ramasamy, Member (Technical))
Order Date: 17 June 2026
Case Overview
This order pertains to a series of Interlocutory Applications (IAs) and a miscellaneous application (MA) connected to the main insolvency and bankruptcy proceedings against Kerala Housing Finance Ltd (TIBA/10/KOB/2019 & TIBA/31/KOB/2019). The primary parties involved are the Housing Finance Creditors Forum (Petitioner) and the Resolution Professional (RP) for Kerala Housing Finance Ltd, Mr. P D Vincent, among other respondents. The legal representatives for the parties were present, either virtually or physically.
The core reason for the hearing was to address the status of these multiple applications. However, all parties jointly reported that a related matter is currently pending adjudication before the National Company Law Appellate Tribunal (NCLAT). It was noted that the Hon'ble NCLAT has granted some form of interim protection in that matter, the specifics of which are not detailed in this order. Consequently, the proceedings before the NCLT Kochi Bench could not proceed.
Final Outcome
The NCLT Kochi Bench adjourned all listed applications to a new date of 17 August 2026. The adjournment was granted uniformly across all cases (IA(IBC)/186/KOB/2023, IA(IBC)/340/KOB/2022, IVNP(IBC)/02/KOB/2023, IA(IBC)/341/KOB/2022, IA(IBC)/342/KOB/2022, IA(IBC)/343/KOB/2022, MA/75/KOB/2020, MA/168/KOB/2020, and IA(IBC)/246/KOB/2022) due to the pendency of the overarching matter before the NCLAT. The tribunal's proceedings are effectively stayed until the NCLAT matter is resolved or until the next hearing date.
Topics: Insolvency, Adjournment