Authority: National Company Law Appellate Tribunal, Chennai (Justice Sharad Kumar Sharma - Member (Judicial) and Jatindranath Swain - Member (Technical))
Order Date: 16 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard Company Appeal (AT) (CH) No. 145/2025 with interconnected applications IA Nos. 1562/2025 and 127/2026. The appeal involves AM Developers (India) Pvt. Ltd. as the appellant and Sri Balaji Real Estate as the respondent. The tribunal had previously issued notices to the respondents on 11 November 2025. However, the appellant failed to supply the necessary requisites for serving the respondents through the tribunal's registry process, resulting in no service report being available.
Final Outcome
The tribunal directed the appellant's counsel, Mr. A. Prasanna Venkat, to comply with the notice issuance order by completing all required steps through the registry process within one week. The case has been adjourned and listed for further orders on 7 September 2026.
Topics: NCLAT Proceeding, Corporate Litigation, Procedural Delay