Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: July 7, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard Company Appeal (AT) (CH) (Ins) No. 102/2026, which arises from an insolvency proceeding under the Insolvency and Bankruptcy Code. The appeal was filed by Gulam Mustafa Enterprises Pvt Ltd (Appellant) against Piramal Finance Ltd (Respondent), challenging an order from the National Company Law Tribunal. The matter was represented by senior advocates for both parties - Mr. R. Sankaranarayanan for the appellant and Mr. P.H. Arvindh Pandian for the respondent.
Final Outcome
The two-member bench comprising Justice Sharad Kumar Sharma (Member Judicial) and Jatindranath Swain (Member Technical) adjourned the case and listed it for July 9, 2026, under the caption 'For Orders'. The order provides no substantive ruling on the merits of the case but merely schedules the next hearing date.
Topics: Insolvency Appeal, NCLAT Proceeding, Corporate Litigation