Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: September 30, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has adjourned an appeal filed by Kalyani Steels Ltd against Southern Power Distribution Company of TG Ltd and another respondent. The case is registered as Company Appeal (AT) (CH) (Ins) No. 103/2026 with an Interlocutory Application No. 310/2026. The appeal falls under the tribunal's insolvency appellate jurisdiction. During the hearing conducted in hybrid mode, the appellant was represented by advocates Mr. Vasanth and Mr. Thriyambak J Kannan, while there was no appearance from the respondents.
Final Outcome
The two-member bench comprising Justice N. Seshasayee (Member-Judicial) and Jatindranath Swain (Member-Technical) ordered that the appeal be listed for next hearing on December 7, 2026. No substantive proceedings or decisions on the merits of the case were recorded in this order, which serves solely as an adjournment notice.
Topics: NCLAT Proceedings, Corporate Legal Dispute, Power Sector