Authority: National Company Law Appellate Tribunal, Chennai
Order Date: 19 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard Company Appeal (AT) (CH) (Ins) No.12/2022 between M/s. Alturas Trading Corp (Appellant) and VRMX Concrete India Pvt. Ltd. (Respondent). The appeal falls under the tribunal's appellate jurisdiction in insolvency matters. During the hearing conducted in hybrid mode, there was no appearance from the appellant's counsel. The respondents were represented by advocates Ms. S. Vaiduriya and Mr. R Sugumaran, appearing for Mr. S. Thirumavalavan.
Final Outcome
The bench comprising Justice N. Seshasayee (Member-Judicial) and Jatindranath Swain (Member-Technical) adjourned the matter and listed the appeal for hearing on 09 September 2026. The case has been specifically listed under the caption 'Old Cases' for the next hearing date.
Topics: NCLAT Proceeding, Insolvency Appeal, Adjournment