Authority: National Company Law Tribunal, Division Bench (Court-I) Chennai
Order Date: July 16, 2026
Case Overview
The National Company Law Tribunal (NCLT) Chennai heard matter CP(IB)/203(CHE)2022, where Phoenix ARC Pvt Ltd is the petitioner and Smt. Tikkavarapu Radhika is the respondent. The hearing was conducted through video conference before Hon'ble Shri Sanjiv Jain (Member Judicial) and Hon'ble Shri Venkataraman Subramaniam (Member Technical). The case involves an insolvency petition filed by Phoenix ARC against the respondent. The tribunal also considered application IA(IBC)/275(CHE)2024 in relation to this matter.
Final Outcome
The NCLT bench ordered that the petition be listed for the next hearing on July 23, 2026, at 2:30 PM for physical hearing. The matter will be heard along with two other connected cases: CP(IB)/28(CHE)/2022 and CP(IB)/71(CHE)/2022. This represents a procedural adjournment of the case.
Topics: Insolvency Proceeding, NCLT Hearing, Corporate Debt