Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: July 9, 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 has been filed by K. Narayanasamy, the Suspended Director of GK Steel and Allied Industries Ltd., against J. Karthiga (the Erstwhile Resolution Professional of GK Steel & Allied Industries Ltd.) and four other respondents. The matter relates to corporate insolvency resolution proceedings concerning GK Steel and Allied Industries Ltd.
Final Outcome
The bench comprising Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical) has scheduled the appeal for further hearing on September 7, 2026. The appeal will be listed under the caption 'For Admission (After Notice)', indicating that the tribunal will consider whether to admit the appeal for full hearing after notice has been served to the respondents. This is a scheduling order that does not address the substantive merits of the case.
Topics: NCLAT Procedure, Corporate Insolvency, Director Appeals