Authority: National Company Law Tribunal, Division Bench (Court–I), Chennai
Order Date: 17 June 2026
Case Overview
The National Company Law Tribunal (NCLT) Chennai heard a petition filed by TVS Holdings Ltd under Sections 230-232 of the Companies Act, 2013. The petition, registered as CP(CAA)/34(CHE)/2026, was heard through video conference by a bench comprising Hon'ble Shri. Sanjiv Jain (Member Judicial) and Hon'ble Shri Venkataraman Subramaniam (Member Technical). Counsel for the petitioner (Mr. Vishnu Jayaram), the Resolution Professional (Mr. Avinash Krishnan Ravi), and the Income Tax Department (Mr. Rajkumar Jhabakh) were present.
Final Outcome
The Tribunal granted an adjournment. The Resolution Professional and the Income Tax Department were given three weeks from the hearing date to file their reports. The petitioner and other parties were granted one week after the submission of these reports to file their responses. The petition was subsequently listed for its next hearing on 22 July 2026.
Topics: NCLT Proceeding, Corporate Petition, Adjournment