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2026 Supreme(Online)(NCLT) 3130

NATIONAL COMPANY LAW TRIBUNAL
KUNNEL ENGINEERS AND CONTRACTORS PVT LTD – Appellant
Versus
NEST REALTIES INDIA PRIVATE LIMITED – Respondent


Advocates:
For the Petitioner:AKHIL SURESH
For the Respondent:SANKAR P PANICKER

(Under Section 9 of the Insolvency and Bankruptcy Code, 2016) Date of filing: 16.04.2026 Order delivered on: 25.05.2026 In the matter of Nest Realtors India Private Limited MEMO OF PARTIES:

KUNNEL ENGINEERS AND CONTRACTORS PRIVATE LIMITED Having Registered Office at 3rd Floor, Puthuran Plaza, KPCC Junction, M.G. Road, Ernakulam, Kerala 682011, India … Petitioner/ Operational Creditor Versus NEST REALTORS INDIA PRIVATE LIMITED Having Registered Office at XIX/346, Stone House, Market Road, Aluva, Ernakulam, Kerala, India, 683101 … Respondent/Corporate Debtor Coram:

HON’BLE MEMBER (JUDICIAL) : SHRI. VINAY GOEL Appearances:

For the Petitioner : Mr. Akhil Suresh, Advocate For the Respondent : Mr. Shankar P Panicker, Advocate

O R D E R

1. This petition has been filed by Kunnel Engineers and Contractors Private Limited (hereinafter referred as the ”Operational Creditor” or “Petitioner”) on 16.06.2025 under Section 9 of the Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as the “Code” or “IBC”), for initiating the Corporate Insolvency Resolution Process (hereinafter referred to as “CIRP”), declaring moratorium and for appointment of Interim Resolution Professional (hereinafter ref

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