Authority: National Company Law Tribunal, Division Bench – II, Chennai
Order Date: 16 June 2026
Case Overview
This is an order from a hearing in an insolvency petition. The petitioner is Quick2Shelf Food Solutions Private Limited. The respondent is Tovo Restaurants Private Limited. The petition was filed under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016, and carries the petition number C.P. (IB)/54(CHE)2026. The hearing was conducted via video conferencing. The bench was presided over by Hon'ble Member (Judicial) Shri. Jyoti Kumar Tripathi and Hon'ble Member (Technical) Shri. Ravichandran Ramasamy. Learned Counsel Mr. T.K. Bhaskar represented the petitioner, while Learned Counsel Mr. Subhash Chandran represented the respondent.
Final Outcome
The Tribunal issued procedural directions. The petitioner's counsel was directed to serve a copy of the petition on the respondent and file an affidavit of service (AOS). The respondent was granted two weeks to file a reply to the petition and was directed to serve a copy of this reply on the petitioner. The petitioner was then given one week thereafter to file a rejoinder, if any. The petition was adjourned and listed for its next hearing on 6th July 2026.
Topics: Insolvency, Legal Proceedings