NCLT Takes Consolidated Construction Liquidation Report on Record

Authority: National Company Law Tribunal (NCLT), Division Bench (Court– I), Chennai

Order Date: 18 June 2026

Case Overview

This is an order from the National Company Law Tribunal (NCLT) in Chennai concerning the liquidation process of Hitro Energy Solution Pvt Ltd, the corporate debtor. The matter originates from a main petition (CP(IBC)/708/CHE/2017) filed by Consolidated Construction Consortium Ltd. The specific application being heard is IA(LIQ)Prg.Rep/278(CHE)2026, filed by the liquidator, Ms. B. Mekala. The application sought to have the 1st progress report for the quarter ended 31 March 2026 taken on record by the tribunal. The order notes that a separate application for the dissolution of the corporate debtor has already been filed and is scheduled for a hearing on 03 August 2026.

Final Outcome

The NCLT disposed of the application (IA/MA). The tribunal accepted and took the liquidator's progress report on record, subject to all just exceptions. The main dissolution application remains pending for a future hearing.

Topics: Insolvency, Liquidation, NCLT