Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee - Member Judicial, Jatindranath Swain - Member Technical)
Order Date: 06 November 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard Company Appeal (AT) (CH) No. 51/2026 along with connected interlocutory applications (IA Nos. 712, 713, 714 & 715/2026). The appeal was filed by Chess Global Advisory Services Pvt. Ltd., represented by its Authorised Signatory Guganesh K, against the Union of India through the Serious Fraud Investigation Office (SFIO) and two other respondents. The appeal arises from proceedings initiated by SFIO against the company. During the hearing, Ms. Varsha Jain represented the appellant, while Mr. AR. L. Sundaresan (Additional Solicitor General) appeared for Respondent 1 (Union of India/SFIO) and Mr. K.M. Ashif represented Respondent 2.
Final Outcome
The NCLAT bench adjourned the matter and listed the appeal for hearing on 16 December 2026 at 12:00 PM. No substantive orders were passed on the merits of the case during this hearing.
Topics: NCLAT Proceeding, SFIO Investigation, Corporate Appeal