Authority: National Company Law Tribunal Kochi Bench (Shri Vinay Goel, Member (Judicial) and Shri Ravichandran Ramasamy, Member (Technical))
Order Date: 22 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Kochi Bench heard three interconnected Interlocutory Applications (IAs) related to the main insolvency petition CP(IB)/01/KOB/2021 involving M/s Nucleus Premium Properties Private Limited. The parties involved are Sajikumar KP (Managing Partner of M/s Buildwell SRA) as the petitioner and Sakhy Thomas along with two others as respondents. The applications being heard were IA(IBC)/105/KOB/2026, IA(IBC)/518/KOB/2025, and IA(IBC)/369/KOB/2025, all filed within the framework of the main insolvency proceeding.
For IA(IBC)/105/KOB/2026, Company Secretary Mr. Krishnan Unni appeared virtually for the applicant while Learned Counsel Mr. Rojo Joseph appeared physically for the respondent. For IA(IBC)/518/KOB/2025, Mr. Rojo Joseph appeared for the applicant while Mr. Krishnan Unni appeared for the respondents. Counsel for the applicant in this application sought an adjournment to place certain documents on record and was granted a final opportunity of 7 days to file these documents. For IA(IBC)/369/KOB/2025, Mr. Rojo Joseph appeared for the applicant and Mr. Krishnan Unni for the respondents.
Final Outcome
The NCLT Kochi Bench adjourned all three applications to July 1, 2026. In application IA(IBC)/518/KOB/2025, the tribunal specifically granted the applicant a final 7-day opportunity to file the necessary documents, emphasizing that this would be the last and final opportunity for submission.
Topics: Corporate Insolvency, NCLT Proceedings