Authority: National Company Law Appellate Tribunal, Chennai (Justice Sharad Kumar Sharma, Member (Judicial) and Jatindranath Swain, Member (Technical))
Order Date: July 14, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No.45/2024. The appeal has been filed by Mr. Bhargav Kumar Reddy, who is identified as the Suspended Director of Bartronics Global Solutions Ltd., making him the Appellant. The Respondents in the case are Mr. Matta Pedda Srinivas, who is the Liquidator of Bartronics Global Solutions Ltd., and four other parties. The nature of the appeal challenges actions or decisions taken by the liquidator in the ongoing liquidation process of the company. The matter was presented before the tribunal with Mr. K. Aroah, Advocate, representing the Appellant and the Liquidator appearing in person as Respondent No. 1.
Final Outcome
The two-member bench, operating in hybrid mode, did not rule on the merits of the appeal. The tribunal's order was purely procedural, scheduling the next step in the process. The appeal has been listed for a future hearing on September 15, 2026. The matter will be listed under the caption 'For Hearing' on that date. The interim applications numbered IA Nos. 137 and 138 of 2024, which are likely related to the main appeal, remain pending and will be considered at the future hearing.
Topics: Corporate Insolvency, Legal Appeal, NCLAT