Case Details

Case Name: Secure Meters Limited vs Meghalaya Energy Corporation Limited

Court/Authority: National Company Law Tribunal (NCLT), Guwahati Bench

Case Number: IA(IBC)/60/GB/2026 In CP(IB)/14/GB/2024

Hearing Date: 22nd May 2026

Legal Provision: Under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016

Presiding Officers: Hon'ble Member (Judicial) Shri Rammurti Kushawaha and Hon'ble Member (Technical) Shri Yogendra Kumar Singh

Parties Involved

Petitioner: Secure Meters Limited

Respondent: Meghalaya Energy Corporation Limited

Legal Representatives: Mr. D. Das, Advocate (for Petitioner); Mr. A. Singh, Advocate (for Respondent)

Procedural History & Current Order

This hearing concerned an Interlocutory Application (IA) numbered IA(IBC)/60/GB/2026 within the main insolvency petition CP(IB)/14/GB/2024. The counsel for the respondent (Meghalaya Energy) appeared and requested additional time to complete two procedural formalities:

  • Filing the Vakalatnama (document authorizing the advocate to represent the client) within three working days from the hearing date (May 22, 2026).
  • Filing a formal reply to the petition within two weeks, with an advance copy to be provided to the petitioner's counsel (Secure Meters).

The Tribunal granted the requested time but issued a clear directive: if the reply is not filed within three weeks from May 22, 2026, the respondent's right to file a reply will be forfeited.

Final Ruling & Next Steps

The bench, comprising Members Shri Yogendra Kumar Singh and Shri Rammurti Kushawaha, listed the matter for the next hearing on 8th July 2026. The purpose of the next hearing is for the filing of the reply (if submitted) and further proceedings.

This order is a procedural update in an ongoing corporate insolvency process. The substantive issues, allegations, and financial details of the dispute between the companies (likely an operational debt claim by Secure Meters) are not detailed in this specific order sheet. The matter is at a preliminary stage where the respondent is seeking to formally respond to the petition.