Authority: National Company Law Tribunal Kochi Bench
Order Date: 10 June 2026
Case Overview
The application IA(IBC)/212/KOB/2026 in IBA/240/2019/CB was filed by CA Mahalingam Suresh Kumar, the Liquidator of Raihan Healthcare Private Limited. The application was made under Regulation 44(2) of the Insolvency and Bankruptcy Board of India (IBBI) read with Rule 11 and 14 of the National Company Law Tribunal (NCLT) rules. The Liquidator sought an extension of the liquidation timeline by 6 months, specifically requesting an extension from 14 June 2026.
During the hearing, the Liquidator's counsel, Mr. A G Sathyanarayana, appeared and requested an adjournment to seek instructions from his client. The bench comprising Shri Vinay Goel (Hon'ble Member - Judicial) and Shri Ravichandran Ramasamy (Hon'ble Member - Technical) granted the adjournment request.
Final Outcome
The case has been adjourned to 12 June 2026. No decision was made on the substantive prayer for extension of the liquidation timeline during this hearing. The matter remains pending before the tribunal.
Topics: Corporate Insolvency, NCLT Proceedings