Tata Capital NCLT Insolvency Proceeding Hearing

Authority: National Company Law Tribunal, Division Bench (Court–I), Chennai

Order Date: 14 July 2026

Case Overview

The National Company Law Tribunal (NCLT), Chennai Bench comprising Hon'ble Shri Sanjiv Jain (Member Judicial) and Hon'ble Shri Venkataraman Subramaniam (Member Technical) heard matters related to CP(IB)/341(CHE)/2025 and IA(IBC)/433(CHE)2026. The petition was filed by Tata Capital Ltd against Swathi Sharma Gopal Sharma, who is identified as a Personal Guarantor in the proceedings. The petitioner was represented by Learned Counsel Ms. Anns Princy, and the Interim Resolution Professional (IRP) Mr. GS Sudhir appeared in person. The respondent (Personal Guarantor) did not appear despite proper service of notice, leading the tribunal to set the respondent ex-parte.

Final Outcome

The tribunal adjourned the matter and listed both the main petition (CP(IB)/341(CHE)/2025) and the interlocutory application (IA(IBC)/433(CHE)2026) for next hearing on 28 August 2026.

Topics: Insolvency Proceeding, Personal Guarantor