Authority: National Company Law Tribunal, Kochi Bench

Order Date: 18 June 2026

Case Overview

This order pertains to an interlocutory application (IA(IBC)/127/KOB/2026) filed within another interlocutory application (IA(IBC)(LIQ)/3/KOB/2025), which itself was filed in the main company petition (CP(IBC)/18/KOB/2024). The proceedings are being conducted under Section 60(5) of the Insolvency and Bankruptcy Code (IBC), read with Rule 11 and Rule 32 of the NCLT Rules. The parties involved are the applicant, Manjusha IA, and the respondent, Reuben George Joseph, who is the Liquidator in the matter of Saptha Zeal Private Limited and two others.

Final Outcome

The Tribunal adjourned the hearing. The applicant's proxy counsel, Mr. Anandan R S, requested the adjournment on the grounds that the senior arguing counsel, Mr. Bijoy P Pulipra, was unwell and could not appear. The bench, comprising Shri Vinay Goel (Member Judicial) and Shri Ravichandran Ramasamy (Member Technical), granted the request. The matter is now listed for the next hearing on 02.07.2026.

Topics: NCLT, Insolvency, Adjournment