Aakruti Nirmiti NCLAT Appeal Against Liquidator

Authority: National Company Law Appellate Tribunal, Chennai Bench

Order Date: November 6, 2026

Case Overview

The appeal, registered as Company Appeal (AT) (CH) (Ins) No. 184/2026, has been filed by Aakruti Nirmiti Limited (the Appellant) against Baladi Shekar Shetty, described as the 'Erstwhile Liquidator of the Corporate Debtor', along with two other respondents. The nature of the dispute or the specific allegations against the liquidator are not detailed in this procedural order. The bench comprised Justice N Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical).

Final Outcome

The Tribunal did not issue a ruling on the merits of the case. The order solely schedules the next hearing of the appeal for January 18, 2027. The outcome of the appeal and its practical consequences for the parties remain pending until a future hearing.

Topics: NCLAT Appeal, Insolvency Proceeding