# Premier Global Logistics Ltd vs GPR Resources Pvt Ltd

> NCLT judgment dated 24 Apr 2026. Citation: TCN-2026-NCLT-00477. The case involves a hearing before the National Company Law Tribunal, Chennai Bench,…

- **Court:** NCLT
- **Order date:** 24 Apr 2026
- **Citation:** TCN-2026-NCLT-00477
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-kolkata/premier-global-logistics-ltd-vs-gpr-resources-pvt-ltd-rm6ca

## Summary

### Background

The case involves a hearing before the National Company Law Tribunal, Chennai Bench, concerning multiple Interlocutory Applications (IAs) and the main petition CP(IB)/582(CHE)/2020. An order from the Hon'ble NCLAT dated 24.10.2025 had previously revived the proceedings of IA(IBC)/2369/(CHE)2023, directing a fresh hearing on merits and providing an effective opportunity to the Applicant / State Bank of India in proceedings under Section 54 of IBC, 2016. Additionally, an application, IA(IBC)/200/(CHE)2026, was filed seeking the appointment of a new liquidator to replace the erstwhile liquidator.

## Facts

An order of Hon'ble NCLAT dated 24.10.2025 revived the proceedings of IA(IBC)/2369/(CHE)2023.

The NCLAT directed IA(IBC)/2369/(CHE)2023 to be heard afresh on merits, providing an effective opportunity to the Applicant / State Bank of India.

The Applicant / State Bank of India is involved in proceedings under Section 54 of IBC, 2016.

IA(IBC)/2369/(CHE)2023 was revived back to its original number by the NCLT.

The Applicant is made as Respondent in IA(IBC)/326(CHE)/2026.

IA(IBC)/242(CHE)2026 and IA(IBC)/326(CHE)2026 are disposed of.

An application, IA(IBC)/200/(CHE)2026, was filed seeking the appointment of a new Liquidator to replace the erstwhile Liquidator.

The new Liquidator (Mr. R. Raghavendran) has given consent and his AFA is valid.

…

## Issues and analysis

### Issue 1: Whether the proceedings of IA(IBC)/2369/(CHE)2023 …

**Ratio:** The NCLT is bound by the directions of the NCLAT. An NCLAT order directing the revival

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**Reasoning:** The Hon'ble NCLAT, through its order dated 24.10.2025, specifically directed that the

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**Interpretation:** The NCLAT's order is a binding directive, necessitating the NCLT to not only

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**Application:** In compliance with the NCLAT's order, the NCLT revived IA(IBC)/2369/(CHE)2023

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## Parties

- **Judges:** SANJIV…; Venkataraman…
- **Appellants:** Premier Global…
- **Respondents:** GPR Resources Pvt…; State Bank of…
- **Other parties:** Insolvency and…; Liquidation…; +4 more

## Timeline

- **2025-10-24 — NCLAT Or…**: Hon'ble NCLAT passed an order reviving the proceedings of IA(IBC)/2369/(CHE)2023 and…
- **2026-04-24 — Current Hearing and…**: The NCLT Division Bench (Court-I), Chennai held a hearing. Applications…

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This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/nclt-kolkata/premier-global-logistics-ltd-vs-gpr-resources-pvt-ltd-rm6ca