Prudent ARC Files Insolvency Petition Against Ferdous Hotels

Prudent ARC Ltd filed a Section 7 insolvency petition against Ferdous Hotels Pvt Ltd in NCLT Chennai.
The case CP(IB)/115(CHE)/2025 was heard on 28.04.2026 with both parties represented by counsel.
Petitioner's counsel confirmed no settlement was reached, and the petition was listed for final hearing on 02.07.2026.
The Tribunal directed the registry to accept a delayed hard copy of the rejoinder filed by the respondent.