Authority: National Company Law Appellate Tribunal, Chennai
Order Date: 09 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in appeal number TA (AT) No.257/2021 (also referenced as Company Appeal (AT) (Ins) No.30/2021). The appeal involves Acme Chem Ltd. & Anr. as appellants versus Grove Ltd. & 3 Ors. as respondents. The matter appears to be related to insolvency proceedings given the case numbering convention. Legal representation was present for both sides: Mr. Ravi Rajagopalan represented the appellants, while Mr. Alladi Rahul represented respondents R1 and R4, and Ms. Padmashri represented respondent R2 through Mr. T. Ravichandran.
Final Outcome
The tribunal has adjourned the hearing of this appeal to 28 October 2026. The interim order previously granted in the case (likely through IA No. 72/2021) will continue to operate until the next date of listing. This means the status quo or protective measures established by the interim order remain in effect until the next hearing.
The order was issued by a bench comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical) through hybrid mode proceedings.
Topics: NCLAT Proceedings, Corporate Litigation