Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee - Member (Judicial) and Jatindranath Swain - Member (Technical))
Order Date: October 7, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No. 419/2026. The appeal has been filed by the Assistant Commissioner of State Taxes as the appellant against Shivadutt Bannanje, who is acting in his capacity as the Liquidator of Falcon Tyres Ltd. The order indicates that this is an appellate jurisdiction matter arising from insolvency proceedings. During the hearing conducted in hybrid mode, the appellant was represented by Advocate Mr. Sanjay, while no appearance was recorded for the respondents.
Final Outcome
The tribunal adjourned the hearing and listed the appeal for next hearing on November 25, 2026. The matter has been specifically listed under the caption 'For Hearing (Part Heard)', indicating that the hearing had previously commenced and will continue on the adjourned date. No substantive decisions on the merits of the tax dispute between the state tax authority and the company's liquidator were made in this order.
Topics: Insolvency Proceedings, Tax Claims, NCLAT Adjournment