Authority: National Company Law Tribunal (NCLT), Kochi Bench
Order Date: 09 June 2026
Case Overview
This is an order from the NCLT Kochi Bench in an ongoing insolvency proceeding. The case is an Interlocutory Application (IA) numbered IA(IBC)/182/KOB/2026, which is filed within the main petition CP(IBC)/34/KOB/2024. The application is filed under Regulation 12(3) of the Insolvency and Bankruptcy Board of India (IBBI). The petitioner is CA Jasin Jose, who is the Bankruptcy Trustee acting in the matter of M/s South Indian Bank Limited versus an individual named Joys Laji.
The petitioner/trustee was represented by advocates Akhil Suresh, Mohammed Abdu Rahman AA, and Aswin Unni. The respondent, Joys Laji, was represented by advocate Ms. Hina Nasrin. Both appearances were made through virtual mode.
The counsel for the respondent undertook to file a reply affidavit in the matter. The bench granted a period of five days for this filing. The order explicitly states that if the respondent fails to file the reply affidavit within this five-day period, their right to do so will be closed without any further reference from the Adjudicating Authority.
Final Outcome
The case has been adjourned and is next listed for hearing on 19.06.2026. No substantive decision on the merits of the case was made in this order; it solely addresses the procedural matter of granting time for filing a reply.
Topics: Insolvency Proceeding, Banking, NCLT