Authority: National Company Law Appellate Tribunal at Chennai
Order Date: 08.10.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai is hearing an appeal filed by Bharat Petroleum Corporation Ltd. (BPCL), specifically its Kochi Refinery unit, as the Appellant. The Respondents in the case are Mr. Vinod Balachandran, in his capacity as the Liquidator of Albanna Engineering Pvt. Ltd., and another respondent. The appeal, registered as Company Appeal (AT) (CH) (Ins) No.20/2024, arises from proceedings related to the insolvency or liquidation of Albanna Engineering Pvt. Ltd.
Final Outcome
The bench, comprising Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical), did not rule on the merits of the appeal. Instead, the tribunal issued an order to adjourn the hearing. The matter has been listed for its next hearing on 23.12.2026 under the caption 'For Hearing'.
Topics: Insolvency Appeal, NCLAT Proceeding, Corporate Litigation