Uniply Industries Ltd NCLT Hearing Adjourned to July

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

Order Date: June 12, 2026

Case Overview

The National Company Law Tribunal (NCLT) Chennai heard multiple interlocutory applications related to the ongoing insolvency proceedings of Uniply Industries Ltd. The matter originates from main petition CP(IB)/751(CHE)/2020 filed by Kishan Chand Suresh Kumar against Uniply Industries Ltd.

Multiple applications were listed for hearing: IA(IBC)/1551(CHE)2025; Cont.A(IBC)/26/CHE/2025; IA/289(CHE)/2022; IA(IBC)/540(CHE)/2026; and IA(IBC)/215CHE)/2026. Representation included the Liquidator with counsel Mr. Rajkumar Jhabakh, suspended director Mr. Keshav Kantamneni with counsel Mr. Akhil Bhansali, Reserve Bank of India (RBI) represented by Ms. Vidya, Malaysian company and its promoters (R3 to R8) represented by Mr. Bhavik Mehta, and R10 represented by Mr. Bhupendra. Additional representation included Mr. Raghav Menon for R5 and R7 in Cont.A(IBC)/26/CHE/2025.

Final Outcome

The NCLT bench comprising Hon'ble Shri Sanjiv Jain (Member Judicial) and Hon'ble Shri Venkataraman Subramaniam (Member Technical) adjourned all applications along with CA(CAA)/48(CHE)2026 for hearing on July 1, 2026. No substantive orders were passed in this hearing.

Topics: Corporate Insolvency, Legal Proceedings, NCLT Hearing