Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee - Member (Judicial) and Jatindranath Swain - Member (Technical))
Order Date: September 1, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai is hearing Company Appeal (AT) (CH) (Ins) No.327/2026 filed by JM Financial Asset Reconstruction Company Ltd. (Appellant) against Power Finance Corporation Ltd and three other respondents. The matter involves appellate jurisdiction proceedings under the insolvency framework. The case was listed for procedural scheduling rather than substantive hearing.
Final Outcome
The tribunal scheduled the next hearing for October 9, 2026, under the caption 'For Hearing'. The order directed that any interim orders previously issued in the case shall continue to remain in effect until the next hearing date. The matter remains pending before the NCLAT.
Topics: NCLAT Proceedings, Corporate Litigation, Interim Orders