Authority: National Company Law Tribunal, Kochi Bench
Order Date: 11 June 2026
Case Overview
The matter before the National Company Law Tribunal (NCLT), Kochi Bench, comprises an application numbered TMA/42/KOB/19, which is part of a remanded matter MA/450/IB/2018(CB) in the main insolvency petition CP/689/IB/2017/(C.B.). The application has been filed under Sections 43(1) and 66 of the Insolvency and Bankruptcy Code, 2016 (IBC). The applicant is Mr. Ravindra Beleyur, the erstwhile Resolution Professional for Merchem Ltd. The respondents are Merchem Ltd and three others.
Final Outcome
The hearing was adjourned. Counsel for the applicant, Ms. Santhiya, who appeared via virtual mode, sought an adjournment. Counsel for respondents 2 to 4, Mr. Alladi Rahul, also appeared via virtual mode. The bench, comprising Member (Judicial) Shri Vinay Goel and Member (Technical) Shri Ravichandran Ramasamy, granted the adjournment. The case is now listed for the next hearing on 01 July 2026.
Topics: Insolvency Proceeding, NCLT Adjournment