NCS Autocars Insolvency Petition Reserved for Orders

Authority: National Company Law Tribunal (NCLT), Kochi Bench

Order Date: 17 June 2026

Case Overview

This is a procedural order in an ongoing insolvency proceeding. The petition, registered as CP(IBC)/7/KOB/2026, was filed under Section 7 of the Insolvency and Bankruptcy Code (IBC) by the financial creditor, M/S SC Shah Corporation, represented by its partner Mr. Suresh Kumar Jain. The corporate debtor is M/S NCS Autocars Private Limited. The petitioners were represented by their advocates M/S Srenik S Jain, A Vikash, and K Aparna Devi. The bench comprised Shri Vinay Goel, Member (Judicial) and Shri Ravichandran Ramasamy, Member (Technical). The order notes that the petitioners' counsel, Ms. Aparna Devi, appeared via virtual mode. The tribunal also took on record certain documents that were filed in compliance with a directive from an earlier hearing.

Final Outcome

The bench heard the counsel for the petitioners and subsequently reserved the case for orders. A final ruling on the admission or dismissal of the insolvency petition is pending.

Topics: Insolvency, NCLT Proceeding