Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: 24.06.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard Company Appeal (AT) (CH) (Ins) No.329/2021 along with IA No.680/2021. The appellants are George Vinci Thomas, described as the Erstwhile Managing Director of India Tech Ltd, and two other individuals. The respondent is Mr. Sasitharan Ramaswamy, who is acting in his capacity as the Liquidator of India Tech Ltd. The hearing was conducted in hybrid mode.
Final Outcome
The Learned Counsel for the Appellants requested an adjournment of the proceedings. The tribunal, comprising Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical), accepted this request. Consequently, the Company Appeal has been adjourned and is now directed to be listed for the next hearing on 04.08.2026.
Topics: Insolvency Proceedings, NCLAT Adjournment