Authority: National Company Law Tribunal (NCLT), Kochi Bench
Order Date: 16 July 2026
Case Overview
This is an interim procedural order in an insolvency petition (CP(IBC)/17/KOB/2026) filed under Section 9 of the Insolvency and Bankruptcy Code (IBC). The operational creditor, M/s Raychem RPG Pvt Ltd, has filed the petition against the corporate debtor, M/s Soura Natural Energy Solutions India Pvt Ltd. The petition is at a preliminary stage, and this order deals with the scheduling of submissions and the next hearing.
Final Outcome
The NCLT Kochi Bench, comprising Member (Judicial) Shri Vinay Goel and Member (Technical) Shri Ravichandran Ramasamy, has adjourned the matter. The respondent's counsel, Mr. Ebin Mathew, was directed to file a Vakalatnama (power of attorney) within two working days. The respondent was further directed to file a reply affidavit to the petition within 72 hours, with a copy to the petitioner. The petitioner's counsel, Mr. Yohaan Limitwalla, was granted permission to file a rejoinder affidavit, if any, within 24 hours of receiving the respondent's reply. The next hearing in the matter is scheduled for 22 July 2026. No substantive decision on the admission or dismissal of the petition was made in this order.
Topics: Insolvency Proceeding, NCLT, Corporate Debt