Authority: National Company Law Appellate Tribunal (NCLAT) at Chennai, comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical)
Order Date: 29 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in two connected company appeals filed by Manjeera Realty LLP. The first appeal, Company Appeal (AT) (CH) (Ins) No. 452/2024, is against Manjeera Constructions Ltd. (represented by its Resolution Professional, Birendra Kumar Agarwal) and three other respondents. The second appeal, Company Appeal (AT) (CH) (Ins) No. 348/2025, is against Valentis Laboratories Pvt Ltd and two other respondents. The nature of the proceedings is insolvency-related, as indicated by the '(Ins)' designation in the appeal numbers. The order does not detail the specific allegations or background of the disputes but serves to schedule the next hearing.
Final Outcome
The bench ordered that both appeals be listed next on 15 December 2026. This is a procedural adjournment, and no substantive rulings on the merits of the appeals were issued in this order.
Topics: Insolvency Litigation, NCLAT Proceedings