Authority: National Company Law Tribunal Kochi Bench (Shri Vinay Goel, Member (Judicial) and Shri Ravichandran Ramasamy, Member (Technical))
Order Date: 10 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Kochi Bench heard five interconnected Interlocutory Applications (IAs) related to the main company petition CP(IB)/01/KOB/2021 involving M/s Nucleus Premium Properties Private Limited. The parties involved include Sajikumar KP (Managing Partner of M/s Buildwell SRA) as petitioner and Sakhy Thomas along with two others as respondents. Multiple advocates represented the parties across different applications, including Prashanth Kumar, Rojo Joseph, Terry V James, and CS Mr. Krishnan Unni.
The tribunal noted that all applications are interconnected with the main company petition and involve procedural hearings rather than substantive matters. The bench expressed expectation that both parties would assist the Adjudicating Authority effectively in the next hearing, warning that failure to do so would result in orders being passed based on available materials on record.
Final Outcome
The tribunal adjourned all five applications to different dates in June 2026:
- IA(IBC)/105/KOB/2026, IA(IBC)/518/KOB/2025, and IA(IBC)/369/KOB/2025 were adjourned to 22.06.2026
- IA(IBC)/189/KOB/2024 and IA(IBC)/191/KOB/2024 were adjourned to 24.06.2026
The matter remains pending with no substantive decisions made in this order.
Topics: NCLT Proceedings, Insolvency Cases, Corporate Litigation