Phoenix ARC NCLT Hearing Adjourned to July 16

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

Order Date: July 7, 2026

Case Overview

This is an attendance and order sheet from a hearing in the matter of Phoenix ARC Pvt Ltd (Petitioner) versus Shri. Bopppudi Vemana Vara Prasad (Respondent). The main petition is registered as CP(IB)/187(CHE)/2022. An interlocutory application, IA(IBC)/455/(CHE)/2024, was also listed. The hearing was conducted through video conferencing. The petitioner was represented by their counsel, Ms. Aishwarya. There was no representation for the respondents.

Final Outcome

The bench, comprising Hon'ble Shri. Sanjiv Jain (Member Judicial) and Hon'ble Shri. Venkataraman Subramaniam (Member Technical), adjourned the matter. The petition and the application are to be listed next on July 16, 2026, for a physical hearing. The case will be heard alongside two other connected petitions: CP/28/2022 and CP/71/2022.

Topics: NCLT, Insolvency Proceeding, Adjournment