Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee - Member (Judicial) and Jatindranath Swain - Member (Technical))
Order Date: September 8, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed Company Appeal (AT) (CH) (Ins) No.35/2025 for hearing on November 20, 2026. The appeal involves Indian Renewable Energy Development Agency Limited (IREDA) as the appellant and M/s. Vamshi Rubber Ltd as the respondent. The case falls under the appellate jurisdiction of the tribunal concerning insolvency matters. Two interlocutory applications (IA Nos. 125 & 126/2025) are also pending in connection with this appeal.
Both parties were represented by legal counsel during the hybrid mode hearing. Mr. Nakul Sachdeva, Mr. Abinanda Sharma, and Mr. Sagar Arora appeared as advocates for the appellant IREDA, while Mr. Kumarasamy represented the respondent Vamshi Rubber Ltd.
Final Outcome
The tribunal has adjourned the matter and scheduled the next hearing for November 20, 2026. No substantive decision on the merits of the case was made in this order, which serves solely as a scheduling directive.
Topics: NCLAT Proceedings, Corporate Insolvency, Legal Adjournment