Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: July 3, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (INS) No. 235/2024. The appeal was filed by K. Narayanasamy, the Suspended Director of GK Steel and Allied Industries Ltd., against J. Karthiga, the Erstwhile Resolution Professional (RP) of GK Steel & Allied Industries Ltd., and four other respondents. The order was passed in a hybrid mode hearing. The learned counsel for the appellant requested an adjournment, which was granted by the bench.
Final Outcome
The tribunal has adjourned the matter and rescheduled it for the next hearing on July 9, 2026. No substantive arguments were heard or decisions made on the merits of the case in this order.
Topics: Insolvency Appeal, NCLAT Proceeding