Authority: National Company Law Appellate Tribunal, Chennai (Justice N Seshasayee - Member (Judicial) and Jatindranath Swain - Member (Technical))
Order Date: September 1, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed an appeal filed by M/s. FL Smidth Pvt Ltd against Mr. N. Veera Pandian, who serves as the Liquidator of Sical Iron Ore Limited. The appeal, registered as Company Appeal (AT) (CH) (Ins) No. 322/2025 with IA No. 978/2025, challenges some aspect of the liquidation proceedings of Sical Iron Ore Limited. The matter was heard in hybrid mode with legal representation from both parties: Ms. Varshini appearing for the appellant FL Smidth Pvt Ltd, and Ms. Fouziya appearing for the respondent liquidator.
Final Outcome
The NCLAT bench has scheduled the next hearing of this insolvency appeal for November 23, 2026. No substantive decision on the merits of the case was made in this order, which serves solely as a procedural scheduling directive.
Topics: Insolvency Appeal, Liquidation Proceedings, NCLAT