Authority: National Company Law Tribunal, Division Bench (Court–I), Chennai
Order Date: 17 June 2026
Case Overview
The petition CP(IBC)/107(CHE)/2026 was filed by Vasudevan Gopu in his capacity as the Liquidator of Vantec Logistics India Private Limited. The petition seeks voluntary liquidation of the company under Section 59 of the Insolvency and Bankruptcy Code, 2016 (IBC). The hearing was conducted via video conferencing before a bench comprising Hon'ble Shri. Sanjiv Jain (Member Judicial) and Hon'ble Shri. Venkataraman Subramaniam (Member Technical). The petitioner was represented by counsel Shri A.S. Mohan, while the Income Tax Department was represented by counsel Shri Raj Jhabakh.
Final Outcome
The Tribunal directed the petitioner to serve a copy of the petition on the Registrar of Companies (ROC) and the Income Tax Department to enable them to file their replies. The matter was adjourned for further hearing on 06 August 2026, when the responses from these regulatory authorities will be considered.
Topics: Voluntary Liquidation, NCLT Proceeding