Authority: National Company Law Appellate Tribunal at Chennai

Order Date: 14 July 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai issued a procedural order in Company Appeal (AT) (CH) (Ins) No. 89/2026. The appeal was filed by Alagar Ananthan, Chief Financial Officer of Maagrita Exports Ltd (which is under Corporate Insolvency Resolution Process - CIRP), against respondents SR. Shriraam Shekher and another party. The respondents had already filed their counter on 23 March 2026. The appellant contended that they had e-filed a rejoinder, but the hard copy was not available on record.

Final Outcome

The Tribunal directed the appellant's counsel to file the hard copy of the rejoinder within one week from the order date (14 July 2026). As pleadings had been exchanged, the appeal was listed for admission hearing on 10 August 2026. The Tribunal also ordered that any existing interim order would continue to operate until the next listing date.

The order was passed by Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical).

Topics: NCLAT Procedure, Insolvency Appeal, Corporate Litigation